Long
DHFL-Short term buy at 549. Target of 565.
Qualifies for a swing trade. Accumulation seen in the 520-545 zones. MACD is in continuing buy mode.The RSI, which never got oversold is marking higher bottoms and is seen breaking out from a formation. Bullish divergence is seen against the price. Stock likely to end above 200-DMA. Modest up move in coming days cannot be ruled out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.