Stock Analysis of DLF
Price - 238.35 Dt. - 01-01-2021
The stock is in uptrend taking the support of the trendline. Price recently took support on the trendline on 22nd Dec. and continued uptrend. We have observed one thing that whenever price resume after taking the support of trendline, the volume is higher than 10 days average. Interestingly, the volume is higher than the last candle that took the support of trendline. We are expecting the stock to take the support of the trendline and move upward with the volume of more than 20M.
Price also takes the support of 35DEMA so instead of trendline the stock can go up to 35DEMA line.
The stock is in uptrend taking the support of the trendline. Price recently took support on the trendline on 22nd Dec. and continued uptrend. We have observed one thing that whenever price resume after taking the support of trendline, the volume is higher than 10 days average. Interestingly, the volume is higher than the last candle that took the support of trendline. We are expecting the stock to take the support of the trendline and move upward with the volume of more than 20M.
Price also takes the support of 35DEMA so instead of trendline the stock can go up to 35DEMA line.
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