DLF trade ideas
Wait & Watch for DLFPrice hovering around the Support Area. If good Bullish Setup Occurs at the support, it can be a good long and vice versa. Keep an eye for a good RR with a favorable Stoploss as it is a Volatile Stock.
DLF DETAILED STUDYFOLLOW
EVERYTHING ON CANDLE CLOSING BASIS
WE HAVE TO WATCH PRICE ACTION ON TRENDLINES AFTER 1ST CANDLE BREACHES TRENDLINE 2ND MUST BREAK LOW/HIGH OF 1ST CANDLE TO GIVE CONFIRMATION ELSE IT MAY BE FAKE OFF
DLF - Looking for ShortSell on prev day low below or 10 or 15 min candle breaks.....
And always look consider NIFTY REALTY (DLF Sector)
DLF LTD DETAILED VIEW193.20 IS FIRST TARGET WHICH ALSO NEAR FIBONACCI`S 50% LEVEL ACCORDING TO ME STOCK WILL MAKE A LOW THERE AT 193 WHICH IS ALSO A GAP WILL FILL IT THEN BOUNCE BACK UP TO ACTUALLY CLOSE AT 50% LEVEL OF FIBONACCI AND MAKE BULLISH HAMMER EVERYTHING ELSE IS WRITTEN PLEASE FOLLOW CHART
#DLF - IHS on Monthly Charts but.. Take a step back and try and understand the History that this price has, since 2008.
All the times it could not cross this price, or crossed and failed.
Ideally, it would be a better idea to invest only and only on breakout, with Trailing Stops.
DLF FORK & KNIFE PATTERNI HAVE SHOWN MULTIPLE CHANNELS ONE CHANNEL IS BROKEN STOCK ENTERS NEW CHANNELS AND SO ON... YOUR STRICT STOP LOSS IS ORANGE LINE ON CANDLE CLOSING BASIS TWO TARGETS FOR LONG ARE GIVEN
TRADE AT YOUR OWN RISK
DLF ShortDLF Short 4 hourly Chart
1. Double Top pattern
2. Dark Cloud Cover Pattern
3. Negative MACD Divergence
4. Very Short Stoploss.
DLF..dark cloud coverDLF after a stupendous rally is finally made a short term top most likey
it has formed a dark cloud cover bearish pattern on the daily chart
a pullback to 20 dma or 240 levels on the cards.
short with todays high as SL
watch for next week268 is monthly resistance Weekly it has made doji . In a D frame,it made doji. Sell below 261 sl 268 target 255 sell more below 265 .
DLF long target On the back drop of budget in few, keep this in watch list,
CMP 262 and if it sustains above 283 it can go up to 466 in next 2 years.
DLF.. getting exhaustedDLF showing negative divergence in short term..
can test 250 240 down the line..
