DLF LONG INTRADAY 16 JUN,2021Dear trader,
If u look at the chart of DLF (analysis based intraday only) the DLF Buy at 305 and Target at 313
Best Buy at 303
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
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DLF trade ideas
DLF - does it need our attention?The monthly chart shows rejection at 23.6% FIB. However, it's above an important zone of around 270 from where the price has previously reversed. RSI is also 60 which is good.
Weekly RSI is 60 as well, a good sign. It appears to have formed an HH and an HL for now. However, price rejection at higher levels seems apparent.
The Daily chart shows RSI at 60, too. A trend-based FIB extension points towards a potential resistance of 315 once 300 is breached, with support at 282.
The price is a little higher for my liking which might make it slightly lower RR (if I recall correctly, this is why @Anosh_Mody
and I hadn't included this in our video). But it appears decent technically. In fact, it kinda follows Vishal Malkan
's G-F-F setup with RSI being 60.
DLF :: BULLISH DATE: 6 JUNE 2021
INSTRUMENT: DLF
TREND: BUY
TIME FRAME: DAY
CMP: 296.95
BUY ABOVE: 302
STOP LOSS: 293
TGT 01: 320
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
DLF ::: BULLISHL O N G T E R M S I P T R A D E
DATE: 20 MAY 2021
INSTRUMENT: DLF
TREND: BUY
TIME FRAME: DAY
CMP: 268.40
BUY ABOVE: 263.20 - 264.30
STOP LOSS: 250
TGT 01: 273
TGT 02: 285
TGT 03: 291
TGT 04: 292
TGT 05: 301
TGT 06: 306
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Leave a comment that is helpful or encouraging. Let's master the markets together.
DLF :: BULLISHDATE: 23/5/2021
INSTRUMENT: DLF
TREND: BUY
TIME FRAME: 3HRS
CMP: 268.30
BUY ABOVE: 276
STOP LOSS:
TGT 01: 292.10
TGT 02: 320
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
This is a pull back long on bearish zoneBasically when price is on bearish trend , price might take correction to go further down, this trade is against the trend and the SL of the trade is less, once SL hit we will take short position.
So the most imp is proper SL which is mentioned here. Keep the target fixed as i mark here.