DLF mine favorite stock, its time again
DLF was in sideways moves for quite a long, however it was trying to finish the contracting triangle. What more we are at the right time.
Possibilites:
1) we can have another small contracting triangle in which leg e will be the leg a and so on.
2) we will see a sharp move towards 944-945 considering the triangle is completed.
Its a little wait and watch situation for few more days before we see any conclusive move.
Disclaimer: This is for educational purpose only. I am not authorised to give buy/sell recommendation. please do your own analysis and then take a decision.
Possibilites:
1) we can have another small contracting triangle in which leg e will be the leg a and so on.
2) we will see a sharp move towards 944-945 considering the triangle is completed.
Its a little wait and watch situation for few more days before we see any conclusive move.
Disclaimer: This is for educational purpose only. I am not authorised to give buy/sell recommendation. please do your own analysis and then take a decision.
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