There is a Head and Shoulder breakout and Weekly Support trendline breakout in DLF at 165-160.
Now weekly support trendline is acting as resistance as it failed to cross above it.
Trade Setup
Short @144
Stop loss - 165/170
Target - 120 / 100 / 80
Positional View. Timeframe 3 to 5 months.
Now weekly support trendline is acting as resistance as it failed to cross above it.
Trade Setup
Short @144
Stop loss - 165/170
Target - 120 / 100 / 80
Positional View. Timeframe 3 to 5 months.