DLF
Intraday Setup: Looks good above 165 with confirmation on 15 minIntraday Setup: Looks good above 165 with confirmation on 15 mins candle for 171/178. Keep a tight SL of 162.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
GODREJPROP: Stuck in a range!The stock has been in this range for over 3 months now. The 100 point range i.e., 840-940 seems to be holding for now. It bounced back strongly from the support levels today and closed on a high. Expect it to test those upper levels again in a week or two. The trade right now is to go long with a stop below 840 on a closing basis. Remember this is a large cap & one of the best in the Nifty Realty pack, DLF also has seen a sudden surge in the last hour of trading today. Both these stocks might see a good spike on Monday if the market supports. A good trigger on the upper levels is awaited, maybe the Q2 results + Order book can act as a trigger this time. Note: Don't completely rely on this, please do your own research as well, this is for educational purposes only.
DLF: Chart set up & strategy for September seriesDLF
CMP 161
- 168-172 is potentially strong resistance zone
Given the set up consider selling DLF 170 Call Option 24 September 2020 expiry
in the price range of 7.5-10
CMP 7.65
The strategy covers a risk of rise up to 177.5-180 levels till 24 September
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Take care & safe trading...!!!
DLF Short I hope you can now see how DLF represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
DLF: Breakout tradeDLF has overcame its supply zone near 165-170 levels yesterday with good volume coming in.
There was a gap during massive selloff in march between the same levels, which has been filled yesterday as well.
Realty sector was the only sector lagging behind and now upmove expected in the sector as well as this scrip as well.
T1 185
T2 198
Nifty realty segment may lead the market for coming daysAlmost all the sectors have recovered post march downfall but nifty realty yet to recover.
This sector started reacting from a very strong buying zone, some of the stockes like Prestige, Sobha, DLF started showing upmove. keep an eye on realty stocks for good returns in coming days.
Below are the realty stocks with their weightage-
DLF 26.50
Godrej Properties Ltd. 22.76
Oberoi Realty Ltd. 12.31
Phoenix Mills Ltd. 12.06
Prestige Estates Projects Ltd. 8.53
Brigade Enterprises Ltd. 4.83
Indiabulls Real Estate Ltd. 4.43
Sobha Ltd. 3.38
Sunteck Realty Ltd. 2.99
Omaxe Ltd