[POSITIONAL] DLF LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
********
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.
=======
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.
=======
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
********
DLF trade ideas
DLF TRADE SETUP FOR MONDAY (4TH OCTOBER)DLF was in upward momentum after crossing 345 Trader earn a good profit.
.
Now 421 is a strong resistance, DLF touched this level and goes down and then recovered.
.
Now the stock are in consolidation mode. If stock goes above 421, we can see the good upward momentum.
.
What's your view on this comment below in the box.
DLF showing weakness in Daily ChartHI,
If you are holding DLF share still now sell it because dream run will discontune soon or your are a Day trader Sell on High showing weekness in Daily and 15 Min candel pattern. Next entry level given in Chart.As of now all Realty Stock like hotcake but cooldown soon.
This idea is only education porpuse.
Cheers,
Happy Learning.
DLF 1D Time Frame Analysis BreakoutDLF 1 D Time Frame Analysis Rounding Bottom Breakout
-Breakout has broken out of Rounding Bottom and successfully retested
-Volume spikes on breakout
- TGT's are given on chart
1. First TGT is the depth of the recent rounding bottom
2. Second TGT is 10 Year Old High of DLF & also a rounding number so it can face resistance
3. Third TGT is based on Trend Based Fib Extension
To achieve all the targets it needs to hold this levels
*Not an investment advice just my views*
DLF - Classic Cup and Handle and retest also done - Daily timeSo was discussing with my veteran friend who is actually a very good investor. He suggested that Indian Real Estate has been undervalued and there is a large move which is possible.
So, I was going through couple of Real Estates in FNO. First hit was DLF, and I think I saw a no brainer move in DLF. Classic cup and handle pattern on Daily and guess what, retesting is also done. So should only fly above from here.
Should touch 400 very quickly from here. IT is too obvious, Banks are next bet, but nobody is looking at real estate, who knows, may be smart money is!
* This is a discussion on patterns and not a trading advise, I am a newbie trader, don’t buy on this please. Please trade your hard-earned money on a registered stock market expert's opinion.
Target 1 (54%) achieved in DLF. Target 2 is ON...This is follow-up on DLF. Can check link to related ideas.
Target 1 achieved. More than 54%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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.