DLF trade ideas
DLF - Retest???Dlf looks like retesting major resistance which was broken after 8 years. A trendline support below and parallel channel giving a sign of upward move. Targets on chart...
Check my previous posted idea on DLF below 👇🏻👇🏻👇🏻
BULLISH VIEW ON DLDcrossing multi year high with huge volume in recent month. The chart is above 50 and 200 ema.
DLF investmentDLF has given a multi year ( 10 year ) break out. Targets close to 600 cannot be ruled out in a 2 year time frame. The consolidation looks like a Rounding Bottom. CMp 305. View gets negated below 230
Dlf breakout after 10 years watch it.... Dlf made high above 300 after 10yrs of consolidation.
Start adding to portfolio
DLF - Intraday Trade SetupDLF CMP - 304.75
Looking bearish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or Below 300 / Stop Loss 308
Target 1 - 296
Target 2 - 293
Target 3 - 290
Disclaimer: This is my view and for educational purpose only.
DLF { 30 M short }IB formed also it might follow retest theory and breakdown .
Short if 30 M candle breaks , rest is as per charts
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
DLF,DLF, 1H CHART
Target 316, 329
Stoploss 278
Disclaimer
Educational purpose only
Consult your financial advisor before trading or investing
Short trade in dlfCompression while going up from 210 to 247.
Expecting a quick drop down below 240, till 210.
DLF - Loooking for MOONPreviously dlf had pennant BO on 4hr TF and first target was done now it retraced and again formed a pennat on 30 and 60 mins TF. Hidden RSI Postive Divergence on 15 min TF... Targets on chart...
DLF turning Bullish expecting a target of 220--230.DLF turning bullish on daily chart, major support at 180.00
Above 188, it can touch 200--205 and then to 220--230.
Looks weak below 180.00.
Bull Call Spread - On December Series
+1x 31DEC2020 190CE - ₹ 9.35
-1x 31DEC2020 220CE - ₹ 2.55
Max. Profit - ₹ +76,560
Max. Loss - ₹ -22,440
Max. RR Ratio - 1:3.41
Breakevens - 197.0
Estimated Margin/Premium ₹ +45,000-50,000.
Channel + flag pattern Break outI can see ascending channel + flag pattern break out in D time frame
Target 218
SL 191
CMP 203
DLF - Pennat BreakoutDLF has pennant breakout at 4hr and daily TF, 258 might come in 2-3 weeks. Targets on chart...
