Tecnicalanalysis
[Short Term] Cup and Handle Breakout in DLF for Target 207+Since the last couple of trading session, DLF formed a cup and handle pattern which indicating a strong bullish move in DLF in next few trading session above 175. According to pattern depth of Cup is nearly 32 points so we can expect the same points in the projected target which can be 205-207.
Possible trade:
Buy DLF above 175
Stop-loss 169
Target - 190 200 207+
This trade can give good risk-reward as follow:
1) At First Target : 2.5:1(Reward: Risk)
2) At second Target: 4:1
3) At Final Target: 5:1
Disclaimer: Before taking any position make sure you're doing trade by risk management. Also, Don't forget to take advise from your financial adviser.
Swing Long BAJAJELEC , entry level- 373. Target 440On MTF price has test the previous swing high at 343, the level which appeared as strong support and close HH. Moreover it breaches the .618 fib level . Let wait for pull back the price near 373 for suitable entry. On DTF volume has also increased to breach the crucial level at 363 appx. SL can be place near 338.7 for a target of 440.






















