30-11 Daily chart of DLF1! LTP: 406.60 RSI has a bullish crossover and is above 50. the candle being made looks very strong. Supports are at 395.60 (manual) and 368.60 (200 EMA) If we trust RSI, the candles may show a breakout and my first target would be around 425.
DLF took a strong support at 400 and could be a good swing buy with target 450. 400 is also fib support Weekly RSI closed above 61 today Good buy volume, highest after 2.11.21
This is the level from which DLF fell down previously but this time see the change in volume , it might face some retracement but can go up , put an alert. Simple price action, no jazz
DLF is in the channel reistance. Expecting a move up to 190 and fall.
Head and shoulder pattern - Target - 142, 135