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.
DLF trade ideas
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.
DLFHad bounced ahead of budget on expectations..
today has broken down form a rising trendline
is heading towards 170/174
SELL on bounce with stops at 188
This has potential to go to 164 also
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
DLFTechnical indicators show that price has now come to its supply zone. Prices should come down 160, and may be exceed our expectations to go below 140!
DLF kumo breakoutDLF is showing kumo cloud breakout. Also an inverted H&S pattern is seen signalling end of downtrend and start of uptrend.
However stochastics are overbought, so need to be careful there. We can go long with a trailing stop loss of Kijun Sen line.
