NSE:DLF Observations: 1) On 1day time frame, it closed between 100DMA and 21DMA. 21DMA is immediate resistance and 100DMA is major support. 21DMA is placed at 396.98 so range of 395-400 will work as resistance. 100DMA is placed at 379.98 so range of 380 is major support. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame,it is at the...
Following the 'rule' of wave theory , ''wave 4 should not enter into the territory of the wave 1" , stock has managed to keep its bullish outlook intact. moreover we have a HH HL formation on daily time frame which suggest that stock should move higher in wave 5 for new high in coming weeks. Buy on cmp add on dips keep SL of 390 & look for the target of 440-50 .
Wait for 317 to take a buy with a Stop Loss of 309 targets will be 340 / 390
There is a a good breakout in DLF , it could now probably be retesting and will give a new high (higher than Thursday's high ) Go long if and only if you see a strong bullish candle and good volume . And the current price is also on a Fib level where most of the up-trending stocks retrace i.e 0.382
As I have recently published the idea of DLF taking a breakout and having a retest the fib level adds a little more confirmation to it , place a SL below its recent low (i.e 428/427) and target as per your convenience. Well this analysis is just for the purpose of learning.
DLF 1.inverted hand and sholder formed and breakout done 1. next going up side move
DLF is forming symmetrical triangle pattern in daily time frame. I hope's for upper side breakout. I have mentioned the Targets and stop loss in the chart. If it breaks down plan yourself accordingly... Comment your views. Thankyouu.
Buy at Market Order Target:- 502 Stop Loss:- 355 Duration:- 5 to 6 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave...
DLF is trending at very crucial level. The immediate resistance is ₹ 320. If it breaks this level, you can buy it for a target of ₹ 360/370 in short term. Keep a stop loss of ₹ 280. There are very good chances that this stock will take a reversal and move towards its new high in coming days. RSI will also move above the level of 50 if the stock touches 320+....
Keep Stop Loss 302 Target 351 The real estate sector is looking good for the mid-term. So, DLF can be a good option to invest in. The above target might achieve within a month.
DLF given a break out above 325 & after breakout as expected strong move came till 359 & presently it is consolidating and further up move is expected in DLF by looking the positive chart structure. The DLF is expected to move till 380-390 levels in next 2-3 months time. The contents posted here are only for Educational Purpose.
After completion of a successful cup and handle pattern, DLF still has a lot of momentum is left in it. We can still capitalize on the trade, tgt-entry-sl marked on the chart
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to...
Enormous 10 Year Monthly Breakout In DLF Buy At Cmp 302 Add More If Price Drops To 270-275 Strict SL - 250 (Weekly Closing Basis) Target - 400/500++
NSE:DLF ready to close above trend line Minor resistance 335 can add 20% now can add more if bounce from 285-290 SL 275 closing bases T 335,355,390,425
DLF:_ rising wedge pattern fomation movement and inside flug pattern so the resitance breakout u can expect t1 and t2