Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
This Chart idea is on Basis of Volume Breakout that doesn't mean the stock price can go up but yes has high probability to do so.. Hence both side idea is published depends on which level breaks
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.
I HAVE SHOWN MULTIPLE CHANNELS ONE CHANNEL IS BROKEN STOCK ENTERS NEW CHANNELS AND SO ON... YOUR STRICT STOP LOSS IS ORANGE LINE ON CANDLE CLOSING BASIS TWO TARGETS FOR LONG ARE GIVEN
TRADE AT YOUR OWN RISK
As We can see DLF had an downward sloping Trendline, which got Breakout today with Heavy Volumes. One can Initiate a Long trade based on that with stoploss of close below that trendline and targets as shown in charts.