DLF trade ideas
DLF BEARISH EXPECTINGFALL Breakdown from the trendline expecting small correction only if support break else we can expect move upside
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DLF analysis for Weekend Chart clearly showing downtrend and forming
short formed M pattern.If market gap up opens
tomorrow then there are chances of uptrend and
it back-test the trend-line.
*For Uptrend*
Buying Position must be @ Point A
which is 282-283 for the
target of 288- 289.3
SL of 278.3
If market open downward then the entry
point must be @ X which is around 279-279.5
with the target of 275-271.8
SL of 283.
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.
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This is my personal Opinion about DLF .
Take it as educational purpose. I am not SEBI registered or any Stock market expert.
I am not responsible for PROFIT or LOSS
DLF at the trendline support - long entryNSE:DLF
dlf sitting at an important trendline support. If it breaks the red downtrendline and forms a w pattern breakout upside on 15min time frame I am planning to go for positional trade with good risk to reward.
hr stochastic also at over sold territory
watch this stock for coming days
DLF: Chart set up and trading strategy for June month expiryDLF
- level of 308-313 holds significance for the stock
- given the set up one may consider to sell 320 Call option CMP around 6.3
- be cautious if DLF trades above 309 and exit if closes above 313
The strategy has a maximum profit potential of Rs 20790 per lot and has inbuilt loss protection for a rise in price up to 326.30 giving ample opportunity to adjust / exit in case view gets invalidated
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
DLF Breakout - Buy OpportunityDLF Ltd. was initially facing resistance around 291-294. it came out of it's consolidation mode on 3rd June and gave a breakout... Seems the stock has pretty much sustained above it's resistance zone.. Good upside can be expected above 303
All the moving averages giving Bullish signal along with RSI and MACD.
Buy : above 303
Target 1 : 315-316
Target 2 : 328-331
SL : below 290
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
Also, do check the below related ideas for other stocks.
DLF FOR 3'rd WeekDisclaimer: I am not SEBI Registered
I am just sharing my views here for my friends, which wish to take my help.
Do trade or invest at your own risk, am not responsible for any losses and won't claim anything from your profits either. Be aware of what you are trading and take financial advices from your advisors before jumping in.
Engulfing Bearish Candlestick in DLFThe daily chart of DLF has formed an Engulfing Bearish Candlestick showing signs of negativity coming into the stock.
One can go short only below a valid Break Down of support marked.
An upside channel can also be seen.
If the stock manages to close above the channel then it would generate buy.
Trade as per priceaction.