DLFit will be goes down near 150
then it will goes up and touch 180 (TARGET)(2 weeks)
(condition :- if it will break 183-184 so it will go high near 192-195)
today date is (11/11/2020)
DLF trade ideas
Bear Flag with small chance of being bullish for Intraday days.Bear Flag with small chance of being bullish for Intraday days. You can find a bear flag for swing trade. So not recommended, until clear signs of trend reversal.
DLFIm not an expert im just sharing my views on DLFLTD for tomorrow
Im not responsible for any profit or loss this is not a recommendation
DLF Symmetrical triangle patternDLF looks to be forming a symmetrical pattern on weekly charts. NSE:DLF
DLF: Chart set up and viewDLF
CMP 165.5
We observe
- the stock has minor resistance around 167 odd levels
- major resistance around 173 odd levels
- Weakness may be seen if stock closes below 162 for 3 consecutive days
- Target in that case could be placed around 154-152 levels initially
Given the chart set up, one may consider selling DLF November expiry Call option
Strike Price 170
in the range of 6.5 - 7.5 (CMP 6.6)
Lot size 3300
The strategy covers risk of rise up to 176.5-177.5 on expiry day
However I might be cautious if DLF closes above 168
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
DLF Buy BreakoutDlf has been forming higher highs and higher lows and given a breakout of symmetrical triangle pattern. Likely to give a masssive move in few trading sessions.
DLF - Intraday Trading Setup for 4 Nov 2020Disclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
Breaks resistance - channel top is the targetPrice took support from the channel bottom and rejected from 165 levels for 3 months inside the channel and now it breaks the resistance and closes above 165 range which means we can go long for the channel top as target.
PULLBACK OPPORTUNITY IN DLF1. LOW VOLUME PULLBACK IN DAILTY TF AFTER BREAKOUT
2. DECREASE IN PRICE SPREAD NEAR SUPPORT
