On Daily Time Frame, DLF indicating downtrend parallel breakout. After this breakout stock made it's breakout retracement upto breakout resistance level. Expected upside target in this stock is 450 to 462+ within next 1-3 months.
there are some rules if you wanna buy for btst remember this stock should close near 380 and should make an hammer in 1 day chart and then we can see a good momentum in dlf after is breaks 385 tomorrow. there can an fantastic rally on the up side and we can see that trend reversal in the upcoming sessions, keep in watch list and buy it near the days end near about 3:15,
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...
Found a Bullish Wedge pattern in DLF stock, go long now or wait for the level mentioned on the chart. Buy - 410.7 SL - 361.55 Target - 470.95 or 470 Risk to Reward - 1.23 Watch market sentiment before taking position and enter the stock at your own risk. It was my trading plan on this stock.
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...
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 could show reversal from short term downtrend as it forms ascending triangle and closes just above 200 SMA as well as trend line.
Wedge breakout in DLF LTD. Good time time for long position.
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.
DLF broke out with high volumes and is currently trading in a supply zone. This supply zone has been tested several times and DLF's price managed only one time to cross it to hit an all-time high. We can also see the fall after closing below the supply zone. So, it is important for the price to break the supply zone with high volumes to go for our target and a...
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+....
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