pi_Karan

pi_Karan

Every things seems to align perfectly. Quite favorable Risk/Reward. Positional Trade

pi_Karan

DLF has been bouncing on the same range for past 10years. This month DLF seems to be finally breaking out of that range with pretty good volume. At the month end, Jan21 might end up having highest monthly volume. Dotted lines might act as minor resistance. 2nd red line is the general targets of any range breakouts ie 100% of range.

pi_Karan

Huge OI on 40ce, if it sutains above 40.10 & short covering can act as fuel to the breakout

pi_Karan

In Daily time frame Uptrend is still intact(ie haven't broken Higher Low yet). Recent candles showing there's still interest from buyers. Entry will be if price BO abv channel

pi_Karan

Accumulation -> MarkUp ->Accumulation -> MarkUp?. I'm expecting breakout