DLF is making new highs and higher lows that is building momentum in the price action. On monthly chart, it seems like it is urge to breakout from down trend line.
It is good to keep an eye on such price action.
Even though the opening spike on 30th MAY have breached our SL, the trade is still very valid. i see DLF achieving our first target with high probability.
DLF - Bearish BAT in progress! it can go all the way till 135/140 before it breaks down! 2 way play, choose whats beneficial to you basis your risk management and way of playing!
