DLF - Correction expected in the short term

5 小時前

CMP: 865

Price made 5 wave impulse from 744 to 880+ and is showing signs of profit booking.

If this view to play out, we are expecting a dip towards 830 and 800 (50& to 61.8% fib levels respectively).

Remember, this is going to be a ABC corretion, so wait for the A and B to play out for confirmation and then take the C leg down trade..

Or else, wait for the entire correction to get over with and then go for the most rewarding 3rd wave up..

A stock to watch for Jan Series...