DLF intraday analysis for 16th April 2020Long or short opportunities highlighted....Good momentum expected considering todays movement.
DLF
you won't believe this comp is the biggest comp in real est indin terms of long term investment this stock has not done anything. but good news is, this stock is nr to supply zone
DLF - Breakout directionWatch for DLF breakout trade on Monday
Above 228 or below 216.5
PS : This is not trading recommendation. Only based on personal ope\inion.
DLF towards 274 again?DLF CMP 232.9
Seem it's out of Lower High - Lower low structure.
As long as above 210 there is only one way up towards 274.
Let's watch it!
DLF potential Reversal or Correction Dec 02 2019DLF is bound to make a fall or reversal from this PRICE TIME WINDOW...
Follow strict guidelines and very tight SL near this Zone.
DLF shortDLF is in crucial level of resistence if it work according to it, that it can be go down till target
DLF BEARISH FOR THE WEEKSYMMETRICAL TRIANGLE PATTERN FORMING AND A VERY STRONG RESISTANCE IS THERE, WHICH STOPS SHARE TO GO UP.
DLF | HARAMI CANDELSTICK PATTERN | BUY FOR SHORT TERM (WEEK)HEY FRIENDS, TODAY AS WE CAN SEE THE CLEAR HARAMI PATTERN WAS SEEN AND SO WE MAY SEE SOME BULLS I WITHIN A WEEK.
Symmetrical triangle in DLFPrice formed Symmetrical triangle pattern. Volume increased in every upswing and decreased in every downswing and flatten out which means still buyers are holding it. So breakout with huge volume will confirm the trend.
DLF longBuy DLF at CMP with SL 173 Tgt 200 by April expiry
After minor gap fill in 176-175 area , stock poised to move higher based on extremely oversold RSI...and inverse H&S formation
DLF LongBuy DLF at CMP SL 179.85 Tgt 200
expecting 200DMA to act as strong support!
Attractive Risk-return framework
Max OI pain at 200
DLF Intraday Trade Plan for 16 Aug 2018It is BULL forming HHHL future candle.
Strategy: Try to SELL above 204.80. It shall be a scalping trade. Book immediately, as counter shall be highly volatile on 16 Aug. SL will be 0.5% If the volume is lower than 161,000 as well as BB Top is crossed, in that case: When the rates are coming down from BB Top, wait till RED candle. Consider low of RED candle as Sell entry point. SL will be BB Top + o.25%. If Volume is higher than 161,000 DO NOT consider selling. In that case SKIP Trade in this counter.
Trade Plan is based on14 Aug 2018NSE data.
NSE:DLF
DLF Tech setupDLF bottomed out on May 22 as indicated by the high volume long-tailed green candle, but price needs to travel beyond a key hurdle before bear could be pronounced as dead.
The share price is stuck inside a falling wedge and only a daily close above Rs. 212 would confirm a bull breakout and open doors to Rs. 226 (April 30 high) and Rs. 242 (rising trendline hurdle).
However, the bearish crossover between the 5-day MA and 10-day MA calls for caution. Also, the tide could turn in favor of a drop to Rs. 188 (wedge support) if DLF finds acceptance below Rs. 200.
For now, I prefer to trade from the short side below $200.
Longs could be initiated if prices break above Rs. 208. In this case, the bulls could attack falling wedge resistance located at Rs. 212
Sell DLF, Target 190, Stops abv 204Rationale
Repeated failure to scale the Rs. 200 mark bolsters already bearish tech setup - bear inside day reversal and 5,10 DMA bear cross on the dailies
LONGTERM INVESTMENT IDEA: BUY DLFDLF has given Perfect KBO Setup along with Regular Bullish Divergence.
Generally this kind of Setup causes Rocket movement. Also recent Bull Fractal was broken suggesting Buyers have strong Momentum.
Strong Resistance is around 674 Levels.
