DLF trade ideas
Dlf One can go for long in dlf for a target of 320 and stop loss of 278 on closing basis Risk reward 1:1
breakput given after very long consolidationmonthly breakout and weekly retacement done with good volume
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 FOR SWING WITH P&F PATTERN & WITH RETESTNSE:DLF
1 DAY TIME FRAME
POLE & FLAG PATTERN BREAKOUT WITH RETEST
RETEST ENTRY HEALTHY ENTRY
FOR SWING TRADE
TARGET & STOP LOSS AS PER YOUR RISK
THIS IS ONLY FOR EDUCATIONAL PURPOSES.
DLF Trend Line BreakoutPositional Trade: DLF breaks above a descending trend line.
Last Closing Price: 300
Stop Loss: 290
Target: Open
Cup with Handle Bullish Pattern !The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The accuracy rate for cup and handle pattern for stock on Daily timeframe are 65% and 68% respectively.
Inverted head and shoulder on DLFA good Inverted head and shoulder formation may give an upside move. Keep on radar.
DFL SPOT SWING VIEWDFL Spot is formation Bullish Flag Pattern on daily chart. Breakout Level - 291 for up side possible Levels - 328/374.
VIEW NEGATED BELOW - 279 (DCB).
Dlf forming a reverse bullish patternDLF is heading towards a broader resistance of 310 and if it breaches that (within the day or day closing), one can hold it for a good target of 340-350.
Previously we attempted to find short opportunities in DLF, but we could not find the opportunity to sell it as it didn't form a pullback but went straight up (reverse bullish). Now that it has breached its daily resistance area, one can enter long trade right now for a short term target of 310 and broad target of 340-350.
DLF CMP 283 target 290+DLF has formed crucial support of 280 levels and should target 290 + in next 10 days.
DLF - Trend line break expected. Price took support from the previous support level and now scaling up to the trend line to break the same and move further up. Wait for the breakout or keep your stop loss intact.
Short DLF.Sell DLF at 282 (DLF Futures ar 284) for a target of 269 (Futures target 271) with SL of 294 (Futures SL 296).
DLF BEARISH EXPECTINGFALL Breakdown from the trendline expecting small correction only if support break else we can expect move upside
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
DLF analysis for Weekend Chart clearly showing downtrend and forming
short formed M pattern.If market gap up opens
tomorrow then there are chances of uptrend and
it back-test the trend-line.
*For Uptrend*
Buying Position must be @ Point A
which is 282-283 for the
target of 288- 289.3
SL of 278.3
If market open downward then the entry
point must be @ X which is around 279-279.5
with the target of 275-271.8
SL of 283.
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This is my personal Opinion about DLF .
Take it as educational purpose. I am not SEBI registered or any Stock market expert.
I am not responsible for PROFIT or LOSS
DLF FLAG AND POLE PATTERN IF BREAKOUT AND CLOSE THEN 70 POINT DLF FLAG AND POLE PATTERN BREAKOUT AND CLOSE COMING DAYS 70 POINT MOVE POSSIBLE
DLF at the trendline support - long entryNSE:DLF
dlf sitting at an important trendline support. If it breaks the red downtrendline and forms a w pattern breakout upside on 15min time frame I am planning to go for positional trade with good risk to reward.
hr stochastic also at over sold territory
watch this stock for coming days
DLF: Chart set up and trading strategy for June month expiryDLF
- level of 308-313 holds significance for the stock
- given the set up one may consider to sell 320 Call option CMP around 6.3
- be cautious if DLF trades above 309 and exit if closes above 313
The strategy has a maximum profit potential of Rs 20790 per lot and has inbuilt loss protection for a rise in price up to 326.30 giving ample opportunity to adjust / exit in case view gets invalidated
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
