DHFL - inverted rounding bottom (Intra-day)

To a moderate extent with inverted rounded bottom, Scrip has started to crack where it started the bull surge from
Aiming for breakdown after neckline support
TP - 550, 540, 520, 510 and beyond
Take SL as per risk appetite

評論:

A move above the neckline after entering around price level defined in chart could take the bullish surge again towards final target as bearish engulf couldnt impact the scrip movement that much..

評論:

Swing trade if the momentum continues upwards..
rest in chart

評論:

Going below pivot crucial support can lead the scrip to show major breakdown, henceforth, Viable opportunity for SHORT
MACD momentum also showing the bearish surge
Enter below 524
TP = 520, 515, 510, 500, 495
SL = 518 (Or as per risk appetite)

評論:

Now aiming for uptrend (intra-day). Volume surge during past few sessions and ascending triangle invalidated, showing the way:
Enter above 540-542
TP - 547, 555, 560, 565 and beyond
If bearish momentum, Enter below 535 (swing trade)
Book partial profit at 527
Breakdown further and desired TP could be aimed as above