DLFBuy DLF above Rs . 156 for the Targets of Rs . 164 - 169++ .....
Stoploss Rs . 148 ....
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**Note-> Buy only if 1hr Candle closes above 156...
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Hodling period should be 3-5 days..
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Thank you,
Vishwajeet Sharma
Trade ideas
DLF - bullishDLF is trading near the middle line of the daily price channel. For two days it is trading above this line with decent volume, it looks like it is absorbing all the sell . I am hoping it to trade higher to touch the upper channel line. Do let me know your views.
Educational purposes only.
DLF: Chart view & strategyDLF
CMP 156.80
Cash target 151.50 / 142
SL 160
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Alternatively, consider selling Dlf 170 Call option
Cmp 3.95
Max profit potential Rs 13035/- per lot.
Loss protection for a rise up to 173.95 till 25 June 2020
Take care & safe trading
DLF - BEARISH SIGNS!!DLF
The stock is trading in a narrow range.
RSI is sloping downwards.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***
Nearby support is 143 and then deep 120 level.
Resistance is 162 on the daily chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
DLF SHORT TERM BREAKOUT SETUP FOR MONDAY JUNE 8, 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
This Chart idea is on Basis of Volume Breakout that doesn't mean the stock price can go up but yes has high probability to do so.. Hence both side idea is published depends on which level breaks
DLF BreakoutDLF has broken the long term resistance line and also tested it
It was also trading in a symm triangle from where it has come out with good volumes.
Currently on weekly carts it is trading in an insider bar consolidation pattern a break and close above 159 can take it to higher levels of 172 184 195 and 205. good to add with a stop loss of 143
DLF KEY LEVELS SUPPORT AND RESISTANCE 04/06/2020 INTRADAY/SWINGKey Levels for DLF : INTRADAY & POSITIONAL VIEW
UPPER BREAKOUT~156.45
FIRST TARGET~158.35
INTERIM RESISTANCE~160.70
FINAL RESISTANCE~163.10
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LOWER BREAKOUT~154.50
FIRST TARGET~152.80
INTERIM SUPPORT~150.70
FINAL SUPPORT~148.60
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.