DHFL (Dewan Housing Finance Corporation Ltd.) #SELL BELOW 215.8
TRADE FOR (10th DECEMBER, 2018) DHFL (DEWAN HOUSING FIN) #SELL BELOW 202.7
DHFL BUY ABOVE 219.5 AND SELL BELOW 214.9
RED LINE AS IDEAL BUY LEVEL. BOLD GREEN LINES ARE SHORT TERM TARGETS. STOPLOSS JUST BELOW THE REDLINE OR AS PER YOUR TRADE STRATEGY. IF THE MARKET SUSTAINS THE MOMENTUM AND IF WE DO NOT ENTER LONG TERM BEAR MARKET IN 2019 THEN DOTTED LINES WILL BE THE LONG TERM TARGETS. All the best and don't forget to hit like.
I EXPECT THE STOCK TO GO DOWN CONSOLIDATION IS GOING ON WHEN IT COMES TO THE MENTIONED LEVEL THE STOCK FORMS A DOUBLE BOTTOM WHICH THEN STARTS THE UPTREND PROCESS
A long term bullmarket in Finance stocks may be coming to an end. LICHSG confirms Bearish Head&SHoulder pattern by closing below its neckline(460). SEll on rallies towards 460 and wait for targets of 398 and 355 on this stock with a closing stoploss above 485
DHFL shot setup - symmetric triangle
DHFL monthly chart analysis - Humpty Dumpty had a great fall
In case of a breakdown from the descending triangle, further 50 points decline. Wait for the breakdown before taking the short. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
As on 24th Sep 2018, DHFL is in downtrend. However, as per fibonacci retracement it is retracing. BUY Dhfl ABOVE 415 FOR TARGETS 424.50/433/442.50. RESISTANCE LEVEL: 413.94 SUPPORT LEVEL: 384.22
DHFL forming Cup n Handle Pattern on Weekly TF. Expecting it to retrace a bit from here before finally breaking out to have good tea in coming days.
Company With Good Fundamentals Having a Good Continue Uptrend Which Is Going To Breakout it's Own New High Level's, It's Above The 15 EMA & 180 Simple Moving Average Line. Expecting A Huge Movement From This Point With A Target Profit @ 720 & A Stop Loss @ 578.
DHFL is making a Large cup and handle for an year. Retesting the lifetime highs again.Awaiting a breakout/Reversal.