DLF trade ideas
DLF BREAKOUT AFTER A LONGTIME ?CMP 361
Today closed above rising wedge and inverted head and shoulder pattern...
buy on retest or at support
IF SUSTAINED ABOVE 560 CB IT WILL BE A BREAKOUT
targets 570 / 575 / 580 / 585 / 590 / 595 / 400++
Trade Setup:-
main focus-- BREAKOUT
1) inverted head and shoulder pattern
2) rising wedge breakout
3) value addition
Regards...
Keshav...
10/10/2023
DLFPrice was falling for few days. Now it has broken the downward trend line and consolidating.
818 - 822 is the trend deciding zone.
Buy above 826 with the stop loss of 821 for the targets 831, 836 and 842.
Sell below 815 with the stop loss of 821 for the targets 810, 804 and 799.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
DLF Long Trade Idea🔔 BUY Signal Alert! 🔔
🔗 Ticker: DLF
🌐 Market: India Equities
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 921,95
🛑 Stop Loss: 883,4
🥇 First Profit Target: 967,4
🏆 Final Profit Target: 1011,4
The CHAMLEO EDGE model uses a proprietary algorithmic program at the pre-market auction to identify potential stocks for each day. The algorithm then calculates where there is strong buying or selling pressure on the stock and sends buy or sell signals.
The signal provides a suggested stop loss price based on calculations that the movement may no longer be valid. It also provides a first suggested level for realizing potential profits, indicating that there is a resistance level just beyond this price that may cause the stock to stop and possibly reverse. If this level is surpassed, there is potential to achieve possible profits at a price better than the first profit level, allowing the possibility of extending potential gains.
DLF projection for coming weeks.Price is moving within the zone 903 to 922. Support is seen at 898 to 903. Resistance is seen at 921 to 924. Bearish below the support and bullish above the resistance.
If price takes support, buy above 905 with the stop loss of 899 for the targets 911, 918 and 926.
If price breaks support, sell below 895 with the stop loss of 901 for the targets 890, 884 and 878.
When price is moving in down side range by making lower high and lower low. Below are the two (apple) targets.
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Note : This analysis is only for study purpose not a recommendation or Not a suggestion to buy or sell.
You are responsible for whatever you do.
DLFPrice is moving within the zone 903 to 922. Support is seen at 898 to 903. Resistance is seen at 921 to 924. Bearish below the support and bullish above the resistance.
If price takes support, buy above 905 with the stop loss of 899 for the targets 911, 918 and 926.
If price breaks support, sell below 895 with the stop loss of 901 for the targets 890, 884 and 878.
When price is moving in range, unless price gains strength, booking small profit is better.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
DLF BREAKS OUT TO NEW HIGHDLF breaks out to a new high as its momentum (RSI) breaks above 60 on about double average volume. There is also a volatility squeeze breakout (from GoNoGo charts, not available in TRADING VIEW). On the Monthly & Weekly charts too, the structure is quite bullish, and RSI has been trading above 60 for the last several months. However, price has been making new Higher-Highs for the last 6 consecutive days. So, a halt, or minor correction may take place in the next few days before the rally continues.
Only personal analysis, no recommendation.
DLF longI have noticed a very interesting pattern on the weekly time frame known as the Cup and Handle breakout. This pattern has caught my attention due to its potential for significant price movements in the market. The Cup and Handle breakout is a technical analysis pattern that is widely recognized by traders and investors. It is characterized by a cup-shaped formation followed by a smaller handle formation.
I am not a registered Sebi analyst. My studies are purely for educational purposes.
Before trading or investing, please consult with your financial advisor. I am not accountable for your profits or losses in any way.
Thanks
VJ
DLFPrice is moving in a range for few days. So far 840 is acting as a strong resistance. If the price breaks the trend line with volume, then we can expect good move.
Buy above 834 with the stop loss of 828 for the targets 840, 848 and 856. Sell bellow 822 with the stop loss of 828 for the targets 816, 810 and 802.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
DLF BEARISH DLF looking like bearish
It is in strong supply zone
Trend line support breaked and retressment happen
Firest target@700
Second target@630
Stop loss@816
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
dlfwe all know dlf has been a great gainer, its been bullish for very long time , but this the first time it is showing weakness in this uptrend . a double top and sharp selling is a good indication.
in my opinion this is a very good point for a reversal it can give month or two month fall or more if it stays below these levels.