01 Dec 2022 DLF Stock BO today from the previous 10 months rejection levels in 400-415 zone, which is supported by volume.
In Play : HH-HL
Summary - Stock BO from 10 months 400-415 zone - BO with Volume - TL BO : Confirmed - Above POC - Text Book Head & Shoulder Pattern - 519 is 13 Year SH ‘’STRONG RESISTANCE’’
Conclusion - CMP 412.70 - Long Positions can be initiated - 483-519 level can act as strong resistance - Higher targets could be around • Short Term – 483/519 • Long Term – 539/623/987
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
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