DLF: Potential to Retest the Highs

2017年6月29日

Hello traders,

As can be observed from the chart. The stock pulled back exactly 38.2% of the previous bull move and retraced. In my previous post this retracement was interpreted as an ABC type but as the price action unfolded it appeared quite more than that. The stock made a nice move and faced resistance near 200 odd levels. Currently it seemed to have started the last leg of a five wave move. Any pullback should be seen as a buying opportunity as the stock has a potential to retest 210-215 level.

Trade safe, stay healthy
Don't forget to hit like

Regards
Afraidtotrade

2017年6月29日

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2017年7月4日

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2017年7月6日

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Into the target zone

2017年7月6日

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A possible course of price action, just for study purpose

2017年7月7日

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Pursuing expected lines..

2017年7月7日

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So far ;)

2017年7月10日

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Revised some notes on the chart.

2017年7月12日

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2017年7月13日

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Bouncing off the support.

2017年7月17日

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Be careful at 205-206

2017年7月17日

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2017年7月17日

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Above 207 next target for buyers would be to retest the highs at 210-216

2017年7月19日

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I am pleased that the stock has provided us a great opportunity to learn and earn..ending this post with this snapshot.