DLF trade ideas
CONSOLIDATION ON DLF. WATCH FOR A BREAKOUT ABOVE 190.The stock has been consolidating and breaking above the trendline @ 190 levels could fuel more bullish buying. Watch out for resistance in 197-200 zones.
DLF LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
191.70-190.8 CAN ACT AS GOOD RESISTANCE; BUY ABOVE 188.5.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
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DLF Intraday Nov 30 2020In higher time frame - price touch the channel pattern resistance area
In lower time frame - price forming LH,LL + triangle pattern formed
Expecting price to make fib area level using fib extension tool marking T1 and T2 area
Watchout for trendline breakoutThe stock has made a double bottom and looks bullish above 186.5 level
DLF Downtrend targets.DLF had a good journey in uptrend.
Strong reversals at 200 and it started making corrections.
Predictions marked in the chart.
Play Safe & Happy Trade.
Note: Views only for educational purpose. Consult your financial advisor for any trade.
DLF forming a good strong channel patternDlf can turn into a good profitable trade wait for the correct entry
DLF-LONG TIME DLF became the first real estate company from India to be included in the Dow Jones Sustainability Indices.
Very good share for the long time portfolio
DLFOn Daily charts, formed a cup and handle pattern. Weekly has had positive close. Trading at average volumes now. Long targets for 195, 205, 215.
Not a SEBI Authorised Advisor. Charts are for personal trading purpose.
[Short Term] Cup and Handle Breakout in DLF for Target 207+Since the last couple of trading session, DLF formed a cup and handle pattern which indicating a strong bullish move in DLF in next few trading session above 175. According to pattern depth of Cup is nearly 32 points so we can expect the same points in the projected target which can be 205-207.
Possible trade:
Buy DLF above 175
Stop-loss 169
Target - 190 200 207+
This trade can give good risk-reward as follow:
1) At First Target : 2.5:1(Reward: Risk)
2) At second Target: 4:1
3) At Final Target: 5:1
Disclaimer: Before taking any position make sure you're doing trade by risk management. Also, Don't forget to take advise from your financial adviser.
DLF; C&H Pattern breakout in Daily ChartGo long on reversal from breakout zone b/w 168.65-171.70; STOP below 150; Tg. 260.
DLF - Breakout???DLF looks like on the verge of breakout for min 30% from cmp @ 180 lvls i.e., 250-280 range...
view negate if breaks 140-150 lvls...
Channel Top is the target - If closes StrongPrice formed a channel pattern and now closed above the resistance levels so one can expect the price to reach the Top of the channel.
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DLF REACHING SELL ZONEDLF
SELL @ 195 - 197,
SL - 204.5,
Target 1 - 190
Target 2 - 185
Target 3 - 180
Holding period 5 to 9 days
DLFNote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
