DLF CMP 842.90
T1- 889
T2- 930
Elliott - the 5th wave of the impulse has started. The minimum tgt for the same is 930. This is a good 10% from the CMP.
Fibs - the correction has halted at fib confluence, hence it is at a good support.
Composite - the oscillator has given a positive divergence. This is positive.
Conclusion - the stop has to be below 820. With a risk reward of 1:3 , this is a good trade to take.
T1- 889
T2- 930
Elliott - the 5th wave of the impulse has started. The minimum tgt for the same is 930. This is a good 10% from the CMP.
Fibs - the correction has halted at fib confluence, hence it is at a good support.
Composite - the oscillator has given a positive divergence. This is positive.
Conclusion - the stop has to be below 820. With a risk reward of 1:3 , this is a good trade to take.
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