The rounding bottom pattern, also known as the saucer bottom or bowl bottom, is a technical analysis pattern commonly observed in financial charts, particularly in stock market charts. This pattern is considered a reversal pattern, signaling a potential change in the trend from bearish to bullish. Here are the key characteristics of the rounding bottom...
Stock Name - Dlf Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 719
#This is not Buy and Sell recommendation to any one. This is for education purpose...
according my analysis Dlf will go till 642-640 easily in coming month if market falls and Cnxrealty fall then we can also see downside level too. please do your analysis too and invest wisely
DLF is All time high. Price keep on going without strong support. Even It can give some plus point in up side. It broke bullish channel resistance. 685 Level is Good support. Target is 745 level.
DLF a champion in the real estate sector is resting to take the big move on either side......
Lets catch the move...... and learn that
Keep Learing with NG!!
DLF DAILY CANDLE ANALYSIS VIA SUPPORT RESISTANCE
Dlf daily candle analysis
buy near 345
stop loss 338 target 415
around 20% upside possibility with strict stop loss 338 on closing basis
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 468 and keeping a stop loss of 400 , look for the target of 600-800 in the coming weeks and months.
Buy: CMP
Stop loss : 400
Targets:
Tgt 1: 600
Tgt 2: 800
Theory:
The Cup with Handle is a bullish continuation pattern that...
DLF is a real estate company with a good land bank in its assets.
The Share of the company has been doing very well for the last few weeks.
I am sharing the resistance levels for study purposes.
Thank You :)
DLF is in bullish mode for long term. It form triangle pattern and break out also done. It is in accumulation zone 490-390. Target for long term would be 633-777-977.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: DLF (Updated)
🔍 Description: Stock is around the resistance of the pattern. We can see huge momentum after breakout. Stock might also correct from here.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one...
