DLF
Weekend pick: DLFChart -> DLF Weekly
An inverse head and shoulder breakout in DLF.
CMP: 410
Targets: 450 and 505
Good range: Around 385
SL: 355 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
DLF: Chart set up and trading strategyDLF
Multiple Line of resistance around 376 - 385
- 21 day EMA around 370
- 63 day EMA around 369
- 252 day EMA around 354
Given the set up one may consider a Short strangle strategy in DLF
Sell DLF 400 Call option
Sell DLF 340 Put option for October series
Net receivable Rs 9.6 per strategy lot.
Max profit potential Rs 15840 per strategy and gives a yield potential of approximately 11 % on Margin till expiry.
Review points, if closing below 353 or above 385
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
DLF - Cup & Handle and Downward Trendline Breakout1. On 1st September, DLF brokeout Downward trendline and also Cup & Handle pattern resistance with high volume & strong closing.
2. Now pullback & restested the previous resistance level. It may further pullback, restest & bounce back from the Upward Trendline.
3. Recently Realty, Infra & Cement stocks are doing well.
DLF a monthly cup and handle breakout on cards 500+ target!DLF is a potential multibagger in making, currently its consolidating near a previous high. If it manages to take it out with good volume it will not stop! As it has great deal of consolidation in it. One must give it a few months before making any judgements.
DLF bearish butterfly breakdown target 385. Quit your longs.As DLF failed to sustain above the 400 levels the breakdown from these levels look imminent, I'd not go long until I see it down to 385 levels!! & Form another consolidation. I liquidated my long position today after it came back inside the channel. What Id like to see is breakdown and then another retest of 400 levels, a nice consolidation and then breakout. Although Im supper bullish in long term,
DLF BO !!NSE:DLF
#NSE:DLF formed Descending triangle, TL, Cup & Handle BO.
Descending Triangle BO is too perfect, stock move up from downwards and Trend line tried to break 4 times and given BO candle closure for 5th time.
Adding to that a beautiful #Cupandhandle pattern.
SL marked for practice, Target open.
Dlf could be sellNSE: DLF
Hello guys today after seeing the chart I got these things
1. If goes down then the target could be taken at 346 This could be taken as a maximum downside target from my opinion
2. Time Frame:- 1 Day
Conclusion:-
A Resistance which is at the current level I have seen some forecasts show that it could be down and could be followed by the market but if it breaks the small gap also I got that to follow us and like the posts and Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
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