DLF can show levels of 100 and 80 in coming months Short

DLF LTDNSE

Description

⋅ Oct 18, 2018 7:35 PM

There is a Head and Shoulder breakout and Weekly Support trendline breakout in DLF at 165-160.
Now weekly support trendline is acting as resistance as it failed to cross above it.

Trade Setup

Short @144

Stop loss - 165/170

Target - 120 / 100 / 80

Positional View. Timeframe 3 to 5 months.