In Chanel movement DLF on daily chart. Swing trade oppertunityswing trade in the channel. watch out for any breakout.
DLF trade ideas
DLFIts about to approach its resistance of March which is 172, if it crosses then it ll be flying to 177 and sustain than 183 another stiff resistance.
The way it has raced in last few sessions, it can see a reversal from 172 levels of 163 and 159
DLF potential long candidateIf NSE:DLF breaksout from the current supply zone, it can head towards 170-180 levels. If it can cross through that zone as well, then it could reach 198-200 levels.
Short term view for DLFCurrently stuck within range....breakout and close above 160 should fly till 210-220 levels....breakdown below 135 should fall till 100-85
DLF Dlf , cmp 150.65 , stock has generated good upside with volume , the stock can be bought in range of 148-143 for an upside target of 160 and 167 , sl on closing basis 135
Short DLFShort DLF on basis of
1. Double Top with RSI Negative Divergence
2. Fib Confluence of 0.886
Target and Stop Loss as mentioned in charts
DLF - SWING - LONG - 10. MAY. 2020Looks like the script is bouncing off from the dynamic support line and it is forming another triangle pattern which could be used for entry.
Successful breakout with good volume can be an entry around 133.5
Target 145
SL 129
DLF Short with SL of 143.80 Target Open on DownsideDLF all set to break yearly support zone areas can crash really bad..First Target on Downside 112 and 90.
