DLF
My PredictiveEngine's Intraday call(06-Apr) - DLF - LongBased on my PredictiveSystem's signals, tomorrow (06-Apr) its going to be a GREEN candle for NSE:DLF
Buy above: 207.6
Target-1: 209.3
Target-2: 211
Target-3: 212.6
Stop loss: 205.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
DLF- ABC with Inverted Poll and Flag PatternDLF stock looking weak on Daily chart weekly chart is awesome but in Daily chart its indicating 20-25% more downside possible in DLF. There is breakdown on stock and nearest resistance level at 222 and Target seen on chart 180-160. In next 2-3 months. SL will play important role in trade. If stock able to trade above 222 than you can see again bull move in it.
DLF 3 Year BreakoutDLF has been testing the 3 yrs highs last couple of weeks, but this week it made a huge engulfing candle, engulfing last 3 weeks and is above the 2014 high level.Since its weekly,the close of the candle should give the better idea, since it can very well close below that level, leaving just the weekly_wick above and retrace.
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DLF: Short term viewDLF CMP 184.40
The stock is retracing after testing its 76.4% levels at 194 odd levels
Last time too the stock reversed exactly from 76.4% retracement levels....
Will history repeat itself...???
Based on observations the stock is likely to continue its down movement
Target 173 / 166
TC & safe trading...!!!
DLF: Potential to Retest the HighsHello traders,
As can be observed from the chart. The stock pulled back exactly 38.2% of the previous bull move and retraced. In my previous post this retracement was interpreted as an ABC type but as the price action unfolded it appeared quite more than that. The stock made a nice move and faced resistance near 200 odd levels. Currently it seemed to have started the last leg of a five wave move. Any pullback should be seen as a buying opportunity as the stock has a potential to retest 210-215 level.
Trade safe, stay healthy
Don't forget to hit like
Regards
Afraidtotrade
DLF SHORT : Gap & Regression ChannelDLF was moving up since 27.12.16. It has broken Regression channel that too with GAP. This gap zone may work as a Resistance. Aggressive Trader can take the last 2 Green bar as an opportunity to enter the short trade by providing suitable Stop Loss. Defensive Traders can wait and short the stock when it trades below the bar which formed the GAP i.e. below 137. Targets are the respective Fib level falling on the Trend-Line which may work as a support for it.
The Stock is good for trading having good volumes, less spread and active options.
DLF Long entry breakout !The stock was in downtrend but it seems there was good accumulation and it is going up. The stock formed a good pole and flag. It is at good entry point now. One can buy it now or on dips wherever he feels the Stop loss at 122( on closing basis) is affordable. Potential Flag target in the range of 136 - 145.
Long term Fundamental Stock OberoiOberoi realty has quite a brand name in Mumbai and its projects always attract a premium. After a great annual result with over 50% sales increase the price zoomed 17% in one day. The stock continued to show strength with steady increase reaching 360 levels. That is a annualized 70% return. However post demonetization saw a strong correction retracing to 260 levels in 11 trading sessions. After which the price is showing a slow but steady rise.
Fundamentally the stock is great with an CAGR of 20% over 10 years and a slew of under construction projects in Mumbai. Also they are extending to Noida and Bangalore. Technically at the current levels both the MACD and Stoch are showing oversold. This is a good opportunity to begin adding this to your portfolio. Recently there has been a number of bulk purchases in the open market.
I believe, in the next 2 years real estate stocks such as Oberoi will give excellent returns.
DLF trading at channel resistance, my go further down.DLF has been trading in down trend it made false break and sharply fell in to the bearish channel,it closed on weekend at the resistance of channel and may reverse from this level to support somewhere between 95-96 in near term if breakout doesnt occurs. if breakout occurs on Monday it will trade upside,traders may wait for breakout if occurs go long else go short.
DLF Trading in Bearish Trend DLF after a long up trend journey broke at 158.00 and retested this level to breach further up move but remained unable to further move, it seems to have established down trend and approaching its support at somewhere between 125-122 in near term, risky trader may go short in this stock at CMP,conservative trader may wait to breach the falling wedge and wait for the stock to reach around 150-152 and then short for a target of 122.00, before shorting do wait to reverse the trend if breakout occurs exit with small stop loss.