DLF----->see here double bottom and Neckline! and source pettern also !
This script recently have showed a lot of strength as it has sharply risen from 197 to 217 level in less than
two weeks, trading way above 200DMA level too. Today prices have given breakout above 218 level
which is also the neckline level of Double Bottom Pattern with upward target of 20points from such
neckline level. Now enter on retracements near the breakout zone of 218 levels.
BUY till above 220 Level with Stop below the Support Levels, mentioned below. Book Profit near
resistance zones mentioned, below.
CMP 222. -->RESISTANCE - 224, 226, 233 SUPPORT – 220, 217, 214
This script recently have showed a lot of strength as it has sharply risen from 197 to 217 level in less than
two weeks, trading way above 200DMA level too. Today prices have given breakout above 218 level
which is also the neckline level of Double Bottom Pattern with upward target of 20points from such
neckline level. Now enter on retracements near the breakout zone of 218 levels.
BUY till above 220 Level with Stop below the Support Levels, mentioned below. Book Profit near
resistance zones mentioned, below.
CMP 222. -->RESISTANCE - 224, 226, 233 SUPPORT – 220, 217, 214
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