Possible breakout in DLF...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
DLF trade ideas
DLF is getting ready for breaking 11 year old highsI had previously given DLF for an entry above 313 for a target of 330. The target was well achieved.
Now if you see 23rd July candle, it has managed to close above previous high of March with a hammer candle and good volumes.
On a monthly chart the stock has not been able to give a good closing above 326 since November 2010.
So if you see all the signs, the stock is looking bullish to break 11 year old highs and ready to test 397 level.
Buy DLF above 340 for a positional target of 397.
DLF - Investment PickTechnical Investment pick with an investment horizon of more than couple of month atleast.
#RSSReality sector outperform quick move anticipated break our range and closing above life time high
#DLF Harmonic Magic worked perfectly - updated chartHarmonic worked perfectly achieved target 361.
Gave multiple opportunities before achieving the target.
Now ready for a fresh breakout.
Stay invested with SL 319.
Ascending Triangle Breakout || DLFReally good volumes on the breakout. Now wait for the retest and buy at around 350-355 for a target of 382 (9-10%). SL will be 330 on a closing basis. Do FOLLOW for more ideas.
FOR LEARNING PURPOSE ONLYStock Has Given Breakout Or Is On The Verge Of Breakout.
Good Volume.
Can Move With The Trend.
If Sustains Above The Trend Line Can Generate Good Returns👍
Please Do Like Comment And Follow For More 🙏
DLF
Buy at Market Order
Target:- 502
Stop Loss:- 355
Duration:- 5 to 6 Weeks
The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
dlf daily moving in a channel, dlf reached , the resistance line,will it break the channel and sustain above that ? or will face resistance near 369 ?will up date after bo
dlf short ideaShort DLF if candle closes below red line for target 310-308
good luck
Please like & share ideas if you find them useful as it takes much efforts to learn technical analysis and our 99% Harmonic pattern go well if you go through all previous ideas posted on tradingview
DLF.... entering REBEL MODE. By #The_RedTickerLets respect a BO!
extraordinary chart, lets see if it hold.
Levels mentioned, SL is WCB.....
May the Odds be in my Favor.
#The_RedTicker
FLAG AND POLE PATTERN IN DLFDLF IS MAKING FLAG AND POLE PATTERN
The flag and pole pattern is a bullish pattern . Pole represents the trendy market and Flag represents the consolidation in a tight range.
Flag patterns have five main characteristics:
1. The preceding trend
2. The consolidation channel
3. The volume pattern
4. A breakout
5. A confirmation where price moves in the same direction as the breakout
Bullish and bearish patterns have similar structures but differ in trend direction and subtle differences in volume pattern. The bullish volume pattern increases in the preceding trend and declines in the consolidation. By contrast, a bearish volume pattern increases first and then tends to hold level since bearish trends tend to increase in volume as time progresses.
DLF Positional/Swing Trade Chart Pattern:-Cup n Handle Pattern
SL:-279
Revise SL to Cost after it sustains above 351
DLF: Chart view and trading strategyDLF
Observations
- Stock has done a 76.4% retracement of the fall from 359.25 to 303 levels
Given the set up one may consider to sell DLF
F&O strategy
Consider Bearish Call spread
Sell DLF 350 Call option around 11
Buy DLF 370 Call option around 5
Net receivables in strategy 19800/- per strategy lot (yield potential around 20% till expiry)
Be cautious if DLF closes above 346
The strategy has Inbuilt loss protection for a rise up to 356 till expiry
Take care & safe trading..!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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
Key level to watch out in DLFThis scrip had recently brokeout from the trendline and now after rejected from a major resistance, this scrip is being traded in a support zone. One can long this scrip if there is a green candle near the support zone with some good volume. This scrip is being in a uptrend we may go long it as the momentum may carry forward it.
DLF PRICE ACTION ANALYSIS. DLF broke out with high volumes and is currently trading in a supply zone. This supply zone has been tested several times and DLF's price managed only one time to cross it to hit an all-time high.
We can also see the fall after closing below the supply zone. So, it is important for the price to break the supply zone with high volumes to go for our target and a new all-time high above it.
The stop loss can be placed below the supply zone.
If DLF's price comes to test 318 level, chances are good that it will support. This is a better scenario for going long.
Happy trading :)
This is just for educational purposes.
High Probability: Swing Trade in DLF Ltd.DLF Ltd. is trading at a very attractive price and RSI has also crossed 60 on the last trading session which is a bullish signal. Technically the charts looks good as it's making a rounding bottom pattern on higher time frame.
One can make an entry according to levels provided below-
ENTRY- 345
Stop Loss - 327 (5.22%)
Target Price - 390 (13%)
Risk to Reward Ratio - 1:2.5
Once the price crosses 360, I will revise the stop loss to not convert a profitable trade into a loss making one.
So be connected for further updates regarding the trade.
THANKS FOR GOING THROUGH MY ANALYSIS
PLEASE ADD YOUR VIEWS AND DOUBTS IN THE COMMENT BOX
NSE:DLF
DLF BREAKOUT AND TRADING FOR NEXT WEEKDLF seems some up move in next coming days
This stock already breaker out camarila R3
Moving average s also giving more confidence for the further moves
Last 4days volume also higher than 20 days average volume
We can 🎯 Target next R4 Breakout
Once channel pattern breaks we can keep it up for go long
Happy trading & learning thanks
DLF VERY BULLISHDLF is very bullish in technical charts it's making a zig-zag pattern continuously and it's difficult to predict the next reverse point so I draw the technical aspects and give a target of 365-380 is best suited.
