DLF inverted head & shoulder Big Breakout above 414DLF inverted Head & Shoulder
Expecting big rally above 414
nifty reality bottom out long ago
I am bullish only above 414
keep on radar for investment after crossing 414
DLF trade ideas
expecting breakoutmultiple breakout tested
next high above 375 can lead the stock to 5-10% rise
would be interesting to watch this script for november series
banking on nov 450 ce bet 0.85 to 1
disclaimer - trade @ own risk
DLF - Buy for long termSuch a beautiful pattern for the long term as well.
Cup and handle formation + Flag Pole formation + 15Y resistance breakout zone (Consolidation near the resistance for 12-13 months with a good average volume)
A monthly close above 450 can take this stock to 2000 in a few years !!
Buy now at 380 & Add more on a month close above 450 (Do pyramiding)
SL 390 MCB
DLF: Chart set up and trading strategyDLF
Multiple Line of resistance around 376 - 385
- 21 day EMA around 370
- 63 day EMA around 369
- 252 day EMA around 354
Given the set up one may consider a Short strangle strategy in DLF
Sell DLF 400 Call option
Sell DLF 340 Put option for October series
Net receivable Rs 9.6 per strategy lot.
Max profit potential Rs 15840 per strategy and gives a yield potential of approximately 11 % on Margin till expiry.
Review points, if closing below 353 or above 385
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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
staying longresistance and result based breakout
more strong above 375
staying long with 420 ce buy @ 4
disclaimer - trade @ own risk
Bounce from strong supportBounce from strong support ,On 1hrs chart Target 415 Sl 315
do your own analysis, before take a trade
DLF BROKE CHANNEL (Intraday OCT 13)DLF has took support from daily level and in 15 min it has broken channel now ready for upmove. wait for price action confirmation. Thank you !
DLF ShortElliot Wave Counts are evident in Chart:
Rise from 23rd August is an ABC with C being an Ending diagonal, and on Friday there was a Clear Breakdown of the same.
Downside Target open to 372 - 360 (Lower BB)
Stop Loss > 410
DLF : Trendline SupportThe chart clearly shows that DLF daily chart is currently at its trend line support.
The upside and downside arrows shows the entry zones for buy / short respectively.
DLF - Cup & Handle and Downward Trendline Breakout1. On 1st September, DLF brokeout Downward trendline and also Cup & Handle pattern resistance with high volume & strong closing.
2. Now pullback & restested the previous resistance level. It may further pullback, restest & bounce back from the Upward Trendline.
3. Recently Realty, Infra & Cement stocks are doing well.
DLF a monthly cup and handle breakout on cards 500+ target!DLF is a potential multibagger in making, currently its consolidating near a previous high. If it manages to take it out with good volume it will not stop! As it has great deal of consolidation in it. One must give it a few months before making any judgements.
dlf finally given breakout of thr pattern and retest also donedlf could see following targets
1)450
2)500
3)515
DLF for positional tradeThis is only for education purpose only. Please check your own analysis before you take a trade
DLF bearish butterfly breakdown target 385. Quit your longs.As DLF failed to sustain above the 400 levels the breakdown from these levels look imminent, I'd not go long until I see it down to 385 levels!! & Form another consolidation. I liquidated my long position today after it came back inside the channel. What Id like to see is breakdown and then another retest of 400 levels, a nice consolidation and then breakout. Although Im supper bullish in long term,
DLF LOOKING FOR PULLBACKShort term traders can short DLF with SL of 365 , targets around 330. It will show some pullback near to 330 levels before going up.
Positional buyers can add DLF around 330 for the targets above 410
DLF LTDReady to Break Weekly Cup With Candle Pattern. Last Day Volume Greater Than Weekly and Monthly Average.
Let's try to predict price with timeHello everyone, will be experimenting with 2 things to predict time and price for a stock. Have considered my life's first traded stock "DLF".
(Pls don't consider this for any investment purpose, it is for education purpose only)
1. Firstly, this time I am trying to play with Geometry shapes in charts. While learning about Fibonacci ratio we might have come across that this spiral shape (ratio) is found across all types of nature, i.e. plants, animals, solar system etc. One more shape which is very common is "Circle". We regularly use lines, rectangle and square but I have never come across anyone teaching to use circle shapes in charting system. So for research purpose have just started with placing a circle wherein it can touch maximum low or close points.
2. Secondly, I have also used a Gann Square of 9 to check how it has respected historical support and resistance. But before applying GANN numbers it is important to know that this chart is having a fixed price to bar ratio of Number 15. Hence have multiplied all the numbers of GANN mentioned in the chart with number 15. It is amazing to see it has respected 45 deg, 135 deg, 225 deg, and 315 deg. Till date it has respected these levels but don't know if it will be respected or not.
If this theory turns right, we can see DLF price to go in between 1100 to 1200 by Apr-24 or (20 months)
DLF- Short Term :Bears Counter attackDLF- Short Term :Bears Counter attack , Down trend as long as it sustains below 391 on closing basis. Potential targets - 355 and 327.
DLFNSE:DLF
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
