DLF trade ideas
DLF: Breakout tradeDLF has overcame its supply zone near 165-170 levels yesterday with good volume coming in.
There was a gap during massive selloff in march between the same levels, which has been filled yesterday as well.
Realty sector was the only sector lagging behind and now upmove expected in the sector as well as this scrip as well.
T1 185
T2 198
Stock of DLF to take for long entryStock of DLF has given a nice BO & trading above 20 EMA Level. Now stock will move further but expecting a minor pull back @ level of 154. Hence buying range for the stock between 152-154 for the next target level of 165. with the SL of 146. Once stock able to cross the level of 170 then we can see the good momentum in the stock. so add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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DLF :- TRADE PLAN 30 JUL ONWARDSLevels as mentioned on the chart
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Realty stocks are trying to breakout..!!
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because the winner is who BETS as well as never gets out of CHIPS...!!
DLF LONG !DLF looks strong above 140 zone and has good volumes accumulation seen in recent trade. one can buy for target 170/- for a short term period.
bullish bat in dlflong only above the trendline on candle closing of a four hour chart. possibly tomorrow it will give a breakout.
DLF for Aug/Sept seriesDlf shown clear breakout today with good delivery..one can go long on this for the tgts mentioned in chat.
#DLF - 4 hour chart bearishDLF - Bearish setup
4 hour chart analysis
Harmonics Pattern
Hope my Chart Helps !!!!
Intraday/Positional Trading Idea - DLFLooks good for 149, 154
SL- 142
Entry around 144-145 would be good
Next Move DLF is moving in ascending Channel , We call it as Corrective Pattern which usually makes it move in Channel which is visually in ascending pattern
One can Trade with daily reversal as confirmation and stop would be below the daily low , Book once it surpass the recent high marketed in Channel
Good luck
Could be a pole flag breakout in DLF 15min tfPrice is in downtrend and making lower highs and lower lows. So better go with the current trend. Support at 134.5.
[Swing] DLF longR:r Great
Buy above day high with stop at day low.
Trail it
~Markets are driven by humans and human nature never changes.
channel breakdownclassical inverted flag breakdown pattern. Stock has finally given a breakdown from channel.
From here it may continue towards downside or may be after a short retracement/retest it would continue its downtrend.
Let's wait for some more price action. Trade with caution!
Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!
