Disclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Thank you !
There is a class Breakout generated in DLF on daily chart. After Dec 2010 DLF closed on this level. So, I think It should be fly soon and we can see Dynamic levels on this counter.
Next levels as below :-
1st Target :- 320.00
2nd Target :-...
my personal analyzed setup for DLF, multiple times traded this stock both side (2 times SL hit)
now, its coming to flag zone from where it dropped off due to COVID (LONG IT)
god bless you all
Target on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Key Levels for DLF : INTRADAY & POSITIONAL VIEW
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
193.20 IS FIRST TARGET WHICH ALSO NEAR FIBONACCI`S 50% LEVEL ACCORDING TO ME STOCK WILL MAKE A LOW THERE AT 193 WHICH IS ALSO A GAP WILL FILL IT THEN BOUNCE BACK UP TO ACTUALLY CLOSE AT 50% LEVEL OF FIBONACCI AND MAKE BULLISH HAMMER EVERYTHING ELSE IS WRITTEN PLEASE FOLLOW CHART
DLF is in overbought and we saw a long run since this November, also a long wick rejected 226 zone emerges as short term resistance zone, we will see the correction once the market also gets corrected. We initially sell DLF @ 220 levels for the tgt of 212. (8pts) also we buy puts 217 Nov expiry @ 2.8 with a stop of 1.5 tgt should be 4.5, 5,...