DLF Swing Trade

DLF is currently trading at 148 . There are two lines Red Support Line and Orange/Channel Support and Resistance lines. The parallel Orange/channel support line should act as first support and then Red support line should act as second support. The risk reward ratio is also favorable . Exit or put your stop loss once price closes below red support line. In the upside you can expect the prices to go 172 , which comes out as around 17% from current price.

** Analysis and views are based on my analysis **