DLF Ltd. is trading at a very attractive price and RSI has also crossed 60 on the last trading session which is a bullish signal. Technically the charts looks good as it's making a rounding bottom pattern on higher time frame.
One can make an entry according to levels provided below-
ENTRY- 345
Stop Loss - 327 (5.22%)
Target Price - 390 (13%)
Risk to Reward Ratio - 1:2.5
Once the price crosses 360, I will revise the stop loss to not convert a profitable trade into a loss making one.
So be connected for further updates regarding the trade.
THANKS FOR GOING THROUGH MY ANALYSIS
PLEASE ADD YOUR VIEWS AND DOUBTS IN THE COMMENT BOX
DLF
One can make an entry according to levels provided below-
ENTRY- 345
Stop Loss - 327 (5.22%)
Target Price - 390 (13%)
Risk to Reward Ratio - 1:2.5
Once the price crosses 360, I will revise the stop loss to not convert a profitable trade into a loss making one.
So be connected for further updates regarding the trade.
THANKS FOR GOING THROUGH MY ANALYSIS
PLEASE ADD YOUR VIEWS AND DOUBTS IN THE COMMENT BOX
DLF