after completing wyckoff accumulation bullish pattern, stock has shown weakness to sustain at higher level.
as of now it is in sideway range. Once 810 level is broken it may try to form "M" pattern
Lets wait and watch if this pattern is completed successfully
I do expect it to take minimum 3 months
Price is moving within the zone 903 to 922. Support is seen at 898 to 903. Resistance is seen at 921 to 924. Bearish below the support and bullish above the resistance.
If price takes support, buy above 905 with the stop loss of 899 for the targets 911, 918 and 926.
If price breaks support, sell below 895 with the stop loss of 901 for the targets 890, 884 and...
🔔 BUY Signal Alert! 🔔
🔗 Ticker: DLF
🌐 Market: India Equities
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 921,95
🛑 Stop Loss: 883,4
🥇 First Profit Target: 967,4
🏆 Final Profit Target: 1011,4
The CHAMLEO EDGE model uses a proprietary algorithmic program at the pre-market auction to identify potential stocks for each day. The algorithm then calculates where there is...
Price is moving within the zone 903 to 922. Support is seen at 898 to 903. Resistance is seen at 921 to 924. Bearish below the support and bullish above the resistance.
If price takes support, buy above 905 with the stop loss of 899 for the targets 911, 918 and 926.
If price breaks support, sell below 895 with the stop loss of 901 for the targets 890, 884 and...
Hello Friends
I hope all of you are doing well!!
DLF share price learning and my view for the 09th day of April, 2024.
You can share your views on the DLF share chart.
Keep Learning with NG!!
Thank You
Nitin Grover
Daily volume build up is good enough.
All time high trend line breakout conformed.
Good for intraday and swing position.
Breakout of rectangle pattern.
NOTE: I do my analysis, do your before trade.
DLF breaks out to a new high as its momentum (RSI) breaks above 60 on about double average volume. There is also a volatility squeeze breakout (from GoNoGo charts, not available in TRADING VIEW). On the Monthly & Weekly charts too, the structure is quite bullish, and RSI has been trading above 60 for the last several months. However, price has been making new...
DLF witnessed recovery from retracement levels
It made New All time Highs In today's session
Track the charts, Will it make M Pattern or show more upside recovery
*For Education Purpose
Practice and Learn Price Action Setups
Prices have given an impulsive fall which suggests that prices are likely to correct as a Zig-zag corrective pattern.
Expecting a bounce towards 865-870 zone and then another sell off towards 765-760 zone in the coming weeks.
I have noticed a very interesting pattern on the weekly time frame known as the Cup and Handle breakout. This pattern has caught my attention due to its potential for significant price movements in the market. The Cup and Handle breakout is a technical analysis pattern that is widely recognized by traders and investors. It is characterized by a cup-shaped...
Price is moving in a range for few days. So far 840 is acting as a strong resistance. If the price breaks the trend line with volume, then we can expect good move.
Buy above 834 with the stop loss of 828 for the targets 840, 848 and 856. Sell bellow 822 with the stop loss of 828 for the targets 816, 810 and 802.
Hit the like button to Rock !! Show some energy...
DLF looking like bearish
It is in strong supply zone
Trend line support breaked and retressment happen
Firest target@700
Second target@630
Stop loss@816
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any...
Nice and simple Cup & Handle
- Cup & Handle formation
- Good break out with higher volume and significant candle on day TF
- Prior uptrend to continue
Planned for 1:5 RR
we all know dlf has been a great gainer, its been bullish for very long time , but this the first time it is showing weakness in this uptrend . a double top and sharp selling is a good indication.
in my opinion this is a very good point for a reversal it can give month or two month fall or more if it stays below these levels.
DLF has broken out of 14 years
long horizontal trend line and retested the level.
Its good to go long with a SL of 480-483 on DCB.
First target is 579 ( after closing above 544)
![DLF: Cup & Handle [Day TF]](https://s3.tradingview.com/u/uKNP7yms_mid.png "Cup & Handle [Day TF]")
