Short trade in dlfCompression while going up from 210 to 247.
Expecting a quick drop down below 240, till 210.
DLF trade ideas
DLF - Loooking for MOONPreviously dlf had pennant BO on 4hr TF and first target was done now it retraced and again formed a pennat on 30 and 60 mins TF. Hidden RSI Postive Divergence on 15 min TF... Targets on chart...
DLF turning Bullish expecting a target of 220--230.DLF turning bullish on daily chart, major support at 180.00
Above 188, it can touch 200--205 and then to 220--230.
Looks weak below 180.00.
Bull Call Spread - On December Series
+1x 31DEC2020 190CE - ₹ 9.35
-1x 31DEC2020 220CE - ₹ 2.55
Max. Profit - ₹ +76,560
Max. Loss - ₹ -22,440
Max. RR Ratio - 1:3.41
Breakevens - 197.0
Estimated Margin/Premium ₹ +45,000-50,000.
Channel + flag pattern Break outI can see ascending channel + flag pattern break out in D time frame
Target 218
SL 191
CMP 203
DLF - Pennat BreakoutDLF has pennant breakout at 4hr and daily TF, 258 might come in 2-3 weeks. Targets on chart...
DLF CHART ANALYSIS ..............DLF CHART ANALYSIS................
BUY DLF - 186
SL - 172
TARGET - 248
Enjoy !
DLF - Failed break out of a rising channelDLF broke out of the rising channel on the 4th attempt today. But ended up giving up the gains with the profit booking in the broader market. Closing below yesterdays close of 191 at 184. Tomorrow if opens below todays low can be a good short option upto 166 with trailing stop loss.
The issue with rising channels is the entry at higher levels. Ideally break out happens at much higher levels when the stock has already moved up quiet a bit and then by the time the confirmation happens a trade can be initiated the risk reward gets misbalanced.
I had bought DLF around 180 and exited at 200 when it failed to sustain at higher levels. Will prefer other real estate companies on reversals and would avoid DLF in general now.
DLF - Inching up to Break FreeDLF - After 170, if it crosses 188-192 with volumes let us see a dash towards 260.
Disc: Not a SEBI Registered. I post charts for my own study.
Intraday Short { 1 Hr }Short if line breaks , slant trend line already broken but we're waiting for the confirmation as it got consolidated.
DLF - Bullish and BearishDLF CMP - 158.30
At an Interesting level. Seeing both sides opportunity. In shorter time frame looking bullish. However, in longer time frame bearish.
Buy at or above 160 / Stop Loss 156
Target 1 - 162
Target 2 - 165
Target 3 – 168 / 170
Sell at or below 156 / Stop Loss 160
Target 1 - 153
Target 2 - 150
Target 3 – 147 / 144
Disclaimer: This is my view and for educational purpose only.
26.10 - Buy Idea - DLFRepeating the same as it didn't pan out last week. Reality sector might give a breakout this week
Buy above 174
Target: 180
SL: 172
RR: 1:3
23.10 - Buy Idea - DLFRepeating the same as it didn't pan out yesterday
Buy above 174
Target: 180
SL: 172
RR: 1:3
