DLF ShortDLF Short 4 hourly Chart
1. Double Top pattern
2. Dark Cloud Cover Pattern
3. Negative MACD Divergence
4. Very Short Stoploss.
DLF trade ideas
DLF..dark cloud coverDLF after a stupendous rally is finally made a short term top most likey
it has formed a dark cloud cover bearish pattern on the daily chart
a pullback to 20 dma or 240 levels on the cards.
short with todays high as SL
watch for next week268 is monthly resistance Weekly it has made doji . In a D frame,it made doji. Sell below 261 sl 268 target 255 sell more below 265 .
DLF long target On the back drop of budget in few, keep this in watch list,
CMP 262 and if it sustains above 283 it can go up to 466 in next 2 years.
DLF.. getting exhaustedDLF showing negative divergence in short term..
can test 250 240 down the line..
DLF Trading 10 Jan 2020DLF intraday analysis on request of Vikas Khetripal
Expectation
Selling in mid day , 235.85 might be tested
Decision Range
234.9-237.1
Support for the day
231.45
Resistance for the day
242.7
My trade
I don't trade stocks , but I'd have tried shorting 240 call near resistance
DLF: At resistance zoneDLF
CMP 225
Consider selling for
Target 185
SL 240
This analysis is for educational purpose only. Do your own research or consult your financial adviser before taking decision on the information provided.
Take care & safe trading...!!!
DLF.. spinning top.. after a good move DLF has been inching up with some negative divergence and has closed at the top of the channel with a spinning top.
long above todays high, short below todays low
DLF CASH : LOOKS GOOD ABOVE 232.50DLF CASH
05 JAN 2020
LOOKS GOOD ABOVE 232.50
STOPLOSS 228.40
TGT 236/240/248
CMP 228.60
DLFDLF cmp: 228.60
Bearish View:
Below 222.15
Target: 218, 214, 210, 200,190--
Stop Loss: 230 Close base.
"Only 235.50 above 1-3 days close : Bullish continue....."
