NSE:DLF 🏢 On Verge of Multi year breakout ??⁉️NSE:DLF
DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 101,735.31 Crore) operating in Real Estate sector.
DLF Ltd. key Products/Revenue Segments include Property Development, Rental Income, Other Operating Revenue and Royalty Income for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company has reported a Consolidated Total Income of Rs 1,516.28 Crore, down 8.22 % from last quarter Total Income of Rs 1,652.13 Crore and up 22.06 % from last year same quarter Total Income of Rs 1,242.27 Crore. Company has reported net profit after tax of Rs 258.15 Crore in latest quarter.
DLF
SWING IDEA - DLFDLF , a major player in the real estate sector, is showing promising technical signals for a swing trade.
Reasons are listed below :
Break of Flag and Pole Pattern : The stock has broken out of a flag and pole pattern, a continuation pattern indicating the potential for further upside in the ongoing trend.
800 Zone as a Strong Support : The 800 level has proven to be a solid support zone. The price is currently bouncing back from this level, suggesting that buyers are stepping in to support the price.
Bullish Engulfing Candle on Weekly Timeframe : The formation of a bullish engulfing candle on the weekly chart indicates strong buying pressure, which often leads to a continuation of the upward trend.
Trading Above 50 and 200 EMA : DLF is trading above both the 50-day and 200-day exponential moving averages, reinforcing the bullish sentiment and indicating strong support at these levels.
Intact Uptrend : The overall trend remains intact, suggesting that the stock is in a strong upward trajectory with the potential for further gains.
Target - 967 // 1030
Stoploss - weekly close below 795
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@visionary.growth.insights
DLF- Bullish Swing- Very strong this time!! NSE:DLF
16.08.2024
Buy 870
Target 934
StopLoss 826
RiskReward- 1:1.5
1. Inside bar breakout in weekly & daily TF
2. After very good uptrend price is under consolidation from last 4 months.
Today very good breakout found with very good volumes
3. Found decreased volumes in last few sessions
4. Rejection from 200 EMA and price crossed above 21 & 50 EMA
5. RSI indicates bullish view
6. Price rejected from strong key level
#SUNTECK 401 BUY SUNTECK RECOMMENDATION BY RACHIT SETHIA SUNTECK 401
TGT 500
SL 370
RR > 3
Timeframe < 6M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
IRB 35 Tgt 42 SL 32 20% upside recommended Buy- Rachit SethiaIRB 35
TGT 42
SL 32
TF <6M
RR > 3
Return > 20%
INVEST NOW !!
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
ANANTRAJ (NSE) -Is it good time to invest in Anant Raj?
Multi year breakout
ARL, the flagship company of Anant Raj Group, was incorporated in 1985 and started
manufacturing of ceramic tiles later in 1985 and subsequently got listed in 1989. Later, the
company also operated as a contractor for the Delhi Development Authority. In 2003, the
company entered into Real Estate Development as 'Anant Raj Limited'. The company
gradually acquired land parcels and currently has approximately 1050 acres in the Delhi, NCR
and Haryana. The group is promoted by Mr. Ashok Sarin and family.
Key Assets
The commercial assets include three IT Parks at Rai, Manesar and Panchkula, one shopping mall in Karol Bagh, Commercial Building at Sector 44 Gurugram and two hotels that provide steady rental income. Co. has a total developed area of 5.5 msf commercial space of which ~30% space is already leased out and generating income.
Revenue (FY20)
Real Estate Sales: 89%
Rental and Services: 11%
🚩 Rating withdrawn due issuer not cooperating
Disc: No invested ,
Disclaimer Information shared, and all content we produce is intended for education and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs or objectives. No, buy or sell recommendation. Before acting on general advice, please speak to a financial professional.
Technical Trend Analysis on DLFBased on my analysis of the DLF chart, I have identified some interesting price action patterns and key levels to keep an eye on. Here are the key points:
1. As on Friday it gives some sort of weekly breakout
2. come to daily time Friday , it seems to give good bullish move from here.
Considering the price action and the identified patterns, here's a potential trading strategy to consider:
Breakout patterns are generally reliable if it took many attempt to cross but could not make it in weekly tf, any how if this could happen , it is expected to move further in near future.
Please note that this analysis is purely based on price action observations and should not be considered as financial advice. Always conduct your own research and consider risk management strategies before making any trading decisions.
🙏 Disclaimer:
DLFNSE:DLF
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
DLFNSE:DLF
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
There can be a pause or reversal, at above trendline.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose