1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

DLF

Discussion in 'Technical Analysis' started by drsuraimardi, Oct 26, 2012.

  1. drsuraimardi

    drsuraimardi New Member

    Joined:
    May 3, 2012
    Messages:
    124
    Likes Received:
    1
    Occupation:
    Doctor
    Shabbir ! I want to ask you whether there is head and shoulder pattern in DLF ?If yes is it a shorting candidate with a SL of 210 for a target of 184/180/175 ? Till now I have never shorted in futures .So I want to know the concept from you.
     

    Attached Files:

    • DLF.png
      DLF.png
      File size:
      61.8 KB
      Views:
      112
    drsuraimardi, Oct 26, 2012
    Share #1
  2. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    It is trading at support levels.....short when it goes upside and breakdown of immediate support on the upside.
     
    sujan4bw, Oct 26, 2012
    Share #2
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    According to me, it can be shorted if it cracks 190 and then spikes again near 220
     
    shabbir, Oct 27, 2012
    Share #3