DLF trade ideas
DLF came back to test the trend line…DLF came back to test the trend line…
Reasons/Traits :
• Three drives pattern is seen
• Channel formation is seen and in 3rd attempt channel is broken and now price came back to test the trend line
• Pricing making higher highs
• Price retraced at 0.236 levels (400 to 390) which is acting as good support
• Price far away from EMA 13 and 50 can consolidate at bit at current level
What can happen next :
Scenario 1 : Price sustaining at 0.236 levels (400 to 390) can help price bounce back to 427 levels and further can go to 450/480/500 levels, once life time high is broken
Scenario 2 : Price break down of 0.236 level (400 to 390) can take it down to touch 375/360 and can take support at 50 EMA and go up or if 50 EMA is broken can further go down 346/330/320/300
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
DLF: BULLISH SEQUENCEStock is rising in an impulsive manner & recent downward price action suggests that it is a corrective setback. One should go long on cmp , keeping SL of 390 , look for the target of 450/480 .
DLF CUP AND HANDLE BREAKOUT | 390 TARGETWait for 317 to take a buy with a Stop Loss of 309 targets will be 340 / 390
DLF - Buy at DipsReversing from previous support
May hold this area
Pull back happened on a very low volume
Ever after strong sell candles stock managed to sustain
If holds this critical area may go on new highs
DLF RISK REWARD 1:2BUY CMP
SL-407
TGT- 487
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Good trend line breakout in DLF There is a a good breakout in DLF , it could now probably be retesting and will give a new high (higher than Thursday's high ) Go long if and only if you see a strong bullish candle and good volume . And the current price is also on a Fib level where most of the up-trending stocks retrace i.e 0.382
DLF retesting on a good Fib levelAs I have recently published the idea of DLF taking a breakout and having a retest the fib level adds a little more confirmation to it , place a SL below its recent low (i.e 428/427) and target as per your convenience. Well this analysis is just for the purpose of learning.
DLFLong Consolidation Triangle pattern breakout.. Lot of possible to hit the Target pls Wait and watch..
DLF is looking strongDLF is looking strong.
Crossed the consolidated range and if day closes above 437 then it is good to hold for a week.
Watch out DLFThis scrip had formed a flag pattern in a daily timeframe, so we can expect a good upside move in this scrip once there's a breakout, so swing traders have an eye on it and I'll try to update at the stage of breakout.
dlf will it touch 510-20 area after breaking one 10year leveldlf breaking out 10 year resistance level in
pattern and restarting up move..
decide on ur own
risk as per
.next level for resiatnce 510-520 area
DLFNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
[POSITIONAL] DLF LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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DLF Ascending Triangle, 200 SMA Support, NR7 Insider CandleDLF could show reversal from short term downtrend as it forms ascending triangle and closes just above 200 SMA as well as trend line.
DLF TRADE SETUP FOR MONDAY (4TH OCTOBER)DLF was in upward momentum after crossing 345 Trader earn a good profit.
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Now 421 is a strong resistance, DLF touched this level and goes down and then recovered.
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Now the stock are in consolidation mode. If stock goes above 421, we can see the good upward momentum.
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What's your view on this comment below in the box.
DLF - BullishPossibly ready for round 2
Flag breakout visible
Strength in trend
Low Risk High Reward Candidate
Not much resistance upside
