Dlf: On shaky grounds...

DLF
Cmp 126

Observation

- we are looking at weekly chart

- stock is trading below crucial line

- a line which provided support since 2017 has been broken

- current consolidation phase around blue line similar to 2017 pattern

- Strong possibility of zone which acted as Support line may now start acting as Line of Resistance

On any rise one may consider to sell Dlf

Positional Target 113 / 108


Take care & safe trading...!!!

تم فتح الصفقة:

We have the rise we were looking for. DLF is at resistance line