DLF trade ideas
UPTREND EXPECTED IN DLFtrade setup
*wave 2 retraces more than 50% of wave 1
* wave 4 retraces approx to 50% of wave 3
*now uptrend is expected in the script.
* target 1= 390
* target 2=405
DLF - Reversal in polarity The best time to add realty sector is right now.
ensure a daily closing of 331
dlf short ideadlf has shown active price denial action at 1.618 retracement line of last year march low. So, taking it a trend reversal point a short can be initiated for target 317. For better understanding refer chart
DLF Symmetrical Pattern (BullishFirst Target 339
Second Target 406
SL-279
Disclaimer: I'm a beginner trader and sharing the ideas only to learn and get feedbacks. Please don't follow without your analysis.
2 Awesome oscillatorWhen both awesome oscillator
First one fast line 5 and slow line 15
Second one fast line 12 and slow line 26
are above zero line then buy.
Below the zero line sell.
DLF Wait for break out@ DLF wait for break out.
if it breaks 336.85 the the next target would be 392.75 & target 2 would be around 431.
Wedge Pattern BreakoutStock Analysis: DLF has broken the wedge pattern and looks good buy for long-term for the given target
Lets see..
Happy Investing!
Breakout in daily time frame with high volumeBreakout with high volume and inverted head and shoulder formation,if sustain and give closing above trend line can go long with a target of 330 which is a resistance level and than 350. It is just an idea please trade as per you analysis and risk appetite. SL can be placed below trend line or near a support.
let's see
DLFDlf has gone through a Corrective phase post the 5 wave rise seen from 232 to 317, during its Corrective phase stock was back to 50 sma also it has tooked support at 50 day simple moving average, and the daily lower bollinger band, recently it turned around, from the daily lower bollinger band, along with trendline breakout, and its now trading above middle bollinger band 20 sma, macd in daily has also done positive crossover along with uptick and also above zero line, the wave structure suggests that, it has started the next leg of up move in wave 3 from the recent low zone of 279 to 287, the wave 1s high at 317.50 is a initial resistance, one can go long at current level or in dips with stoploss of 275. all the key levels are mentioned in chart with Stop-loss and Targets.
Key Levels are Mentioned on chart along with wave structure
MACD in daily positive crossover and Uptick and also above zero line
ADX DMI Ungali setup positive
Upper Bollinger Challenged
RSI in daily above 60 uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Vwap and ATR stoploss when Vwap and ATR stoploss are below the price then buy.
When Vwap and ATR stoploss are above
the price then sell
DLF & GODREJPROPCNXREALTY is showing strong upside signals. The top weightage ones, namely DLF & GODREJPROP in particular look bullish for 300 (minor resistance) & 325 and 1515 (minor resistance) and 1700. Immediate support at 280 and 1400 respectively.
Falling Wedge and RHS patternStock Analysis: DLF has broken the falling wedge pattern also formed Reverse head and shoulder pattern, it is good buy around immediate demand zone with below demand zone as stop loss level for the target given on the chart.
let't see..
