DLF cmp 913.75 by Monthly Chart view since listed*DLF cmp 913.75 by Monthly Chart view since listed*
- Support Zone 760 to 800 Price Band
- Resistance Zone at 915 to 970 Price Band
- Weekly basis Support at 848 > 780 > 710 with Resistance at 995 > 1070 > 1135 >>>> ATH 1225
- *Stock seen to be in heavy consolidation under trading price range of 915 to 970 over the past few months*
- *Close to 16+ years long timeframe Double Bullish Rounding Bottom, 1st by neckline at Support Zone and at Resistance Zone*
Dlftrade
A Long Way to GO, Superb Chart PatternHi All…
Greetings!
Today im sharing with you DLF Monthly Chart, which is showing a very good Cup & Handle pattern almost 13 years in making. In the coming time it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
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Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
DLF 14 years breakout can sustain above 525 IPO price???DLF in IPO 500 - 555 Range & list on 526 in 2007 now if cross this level & close above it then can see quick move further. After closing above 555 DLF should do some consolidation or price correction to start move further up side. Also Realty Index about to give breakout with same time frame of consolidation at 635. Happy Trading & trade with stoploss.
DLF Chart Analysis !!📈 DLF Ltd. 📉
It broke out from Resistance Zone which also acted as a support in Dec Jan Months hence more valid level.
And today it has managed to closed above it. So I am biased on long side.
On Buy Side I am looking for initial Targets of 404, 424 and 442.
StopLoss should be kept at 352.
It offers 1:3 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
DLF at perfect Demand zoneWith Budget just around the Corner and India being the Developing Country focus will be on Infra & Realty Sector. Lots of Scope for Development still there especially after 3 waves of Covid.
DLF Looks at Good support or Demand Zone, Any positives for realty sector this stock can Rocket
Keep Watching
DLF LONGI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Simple Trade Setup | DLF | 20-12-2021 [ INTRADAY ]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 support channel. If it sustain and takes support then we can see a bounce in it.
But on breakdown of it, we can see down move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date: 20-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
DLF : TrendlineDLF 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+. This is also a good buying strength.
DLF - A Trade Set UpDLF 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.
DLF - Wow, check our wonderful analysis
🔴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 have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
DLF - Hold for a good breakout🔴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 have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
DLF - Looking positive - Complete Analysis
Price closes above the strong 10 years resistance is a positive news for this script.
Explained carefully, feel free to comment.
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