DLF- Bullish Swing- Very strong this time!!
Updated
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
Trade closed: stop reached
Stop loss!!
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