DLF 623- Good to BuyDLF 623 is a good to buy for Target 710.
Technically it is at Phase D of accumulation and the recent news adds value to the study
Positive sentiment from the Trumph's tariff pause and 25 bps cut in RBI's interest rates are likely to influence the realty stocks.
DLF
Godrej Properties
Sobha Realty
DLF trade ideas
DLF Swing Trade Hello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
NSE:DLF 🏢 On Verge of Multi year breakout ??⁉️NSE:DLF
DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 101,735.31 Crore) operating in Real Estate sector.
DLF Ltd. key Products/Revenue Segments include Property Development, Rental Income, Other Operating Revenue and Royalty Income for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company has reported a Consolidated Total Income of Rs 1,516.28 Crore, down 8.22 % from last quarter Total Income of Rs 1,652.13 Crore and up 22.06 % from last year same quarter Total Income of Rs 1,242.27 Crore. Company has reported net profit after tax of Rs 258.15 Crore in latest quarter.
SWING IDEA - DLFDLF , a major player in the real estate sector, is showing promising technical signals for a swing trade.
Reasons are listed below :
Break of Flag and Pole Pattern : The stock has broken out of a flag and pole pattern, a continuation pattern indicating the potential for further upside in the ongoing trend.
800 Zone as a Strong Support : The 800 level has proven to be a solid support zone. The price is currently bouncing back from this level, suggesting that buyers are stepping in to support the price.
Bullish Engulfing Candle on Weekly Timeframe : The formation of a bullish engulfing candle on the weekly chart indicates strong buying pressure, which often leads to a continuation of the upward trend.
Trading Above 50 and 200 EMA : DLF is trading above both the 50-day and 200-day exponential moving averages, reinforcing the bullish sentiment and indicating strong support at these levels.
Intact Uptrend : The overall trend remains intact, suggesting that the stock is in a strong upward trajectory with the potential for further gains.
Target - 967 // 1030
Stoploss - weekly close below 795
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Concept of IDM how IBM works in both the directionIn this video I have explained very nicely how IDM works in both the direction up and down in the picture you can see very clearly how it's sweeping the liquidity before continuing it's rally it's also a short kind of AMD concept can you see the idm happens at the place of manipulation and it returns
Concept of IDM how IBM works in both the directionIn this video I have explained very nicely how IDM works in both the direction up and down in the picture you can see very clearly how it's sweeping the liquidity before continuing it's rally it's also a short kind of AMD concept can you see the idm happens at the place of manipulation and it returns
DLF S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Key Support / Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
DLF- Bullish Swing- Very strong this time!! NSE: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
DLF bearish flag 30 mins DLF has formed a bearish flag pattern on the sell side in the 30-minute chart, indicating a potential continuation of the downtrend. This bearish flag pattern suggests that the stock may experience a further decline in price, making it a sell signal for traders. The formation of this pattern in a short-term time frame like 30 minutes indicates a strong possibility of a breakdown on the downside, presenting a selling opportunity for investors.
longOn daily chart, we can see descending triangle breakout with decent volumes. On 3rd June, it broke out but could not sustain because of market crash on 04th Jun. However, post election results, the stock has been recovering and it broke out of triangle pattern on 08 Jun 24 confirming the retest. Immediate target should be 860 - 880.