hardeepssethi

DLF - Reversal and Breakout

hardeepssethi מעודכן   
NSE:DLF   DLF LTD
Tells Me: It seems that the price of the DLF had reached a point where it couldn't break through a support level, but instead began to rise again, indicating a potential reversal towards a new uptrend.

The Double Bottom pattern formed during a downtrend as the price reaches two distinct lows at roughly the same price level.

Eventually, the price of Dlf breaks out above the highest high point, which confirms the bullish signal and indicates that the Dlf price may be on an upward trajectory.
עסקה סגורה: היעד הושג:
Target closed and as per indication when it cross the level as suggested, next day hit the target
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