DFML LONG TRADE
DFML previously formed a double top pattern, which is typically bearish, but it appears to have failed. Recently, the stock reversed from a low of Rs. 25.6 in a spike pattern, consolidated, and then resumed its upward leg.
Currently, DFML has formed:
- A powerful bullish imbalance
- A bullish mitigation block
- Two bullish price imbalances
The recent consolidation (since May 15) formed a bearish wedge (bull flag) with three down pushes, which has now broken out to the bullish side.
🚨 TECHNICAL BUY CALL – DFML🚨
- Buy 1: Rs. 39.48 (current price)
- Buy 2: Rs. 38.4
- Buy 3: Rs. 37.2
- TP 1: Rs. 41.69
- TP 2: Rs. 44.4
- TP 3: Rs. 47.8
- *Stop Loss*: Below Rs. 34.4 closing basis
- *Risk-Reward Ratio*: 3.8
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
DFML previously formed a double top pattern, which is typically bearish, but it appears to have failed. Recently, the stock reversed from a low of Rs. 25.6 in a spike pattern, consolidated, and then resumed its upward leg.
Currently, DFML has formed:
- A powerful bullish imbalance
- A bullish mitigation block
- Two bullish price imbalances
The recent consolidation (since May 15) formed a bearish wedge (bull flag) with three down pushes, which has now broken out to the bullish side.
🚨 TECHNICAL BUY CALL – DFML🚨
- Buy 1: Rs. 39.48 (current price)
- Buy 2: Rs. 38.4
- Buy 3: Rs. 37.2
- TP 1: Rs. 41.69
- TP 2: Rs. 44.4
- TP 3: Rs. 47.8
- *Stop Loss*: Below Rs. 34.4 closing basis
- *Risk-Reward Ratio*: 3.8
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
交易進行
THE DATE HAS BEEN MISTAKENLY PUBLISHED WRONG- READ IT 14-06-2025免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。