mini target 125-119
DLF is making new highs and higher lows that is building momentum in the price action. On monthly chart, it seems like it is urge to breakout from down trend line.
It is good to keep an eye on such price action.
TRADE ON YOUR RISK
Even though the opening spike on 30th MAY have breached our SL, the trade is still very valid. i see DLF achieving our first target with high probability.
It's a simple trade idea, Sell on resistance, Cover on Support.