DLF Stock is on breakout line
DLF CAN BE MULTIBAGGER
CROREPATI STOCK
DLF is on breakout line. see the dlf chart below. its a monthly chart
stock came down in 2009 and then its coming at that point after 14 years.
may 2009 it was on 424 then in 2021 it came there again, but was not able to break that level. now in 2023 april the breakout was successful. currently trading at 574. stop loss can be 350 and target can be 1200. and if 1200 breaks then we can see at that time too. but make sure, this is long term investing. its not intraday. one more thing, the volume is missing there, so make sure you trail your stop loss, it can be fake breakout. but if you notice big volume and stock is trading above that big volume price, then be in trade.
see i have marked the volume candle too. you should see that type of volume. so be cautious, dont just blindly invest. the stock is good and its on breakout. but invest wisely.
PLEASE NOTE, BEFORE READING AND SEEING THIS STRATEGY, MAKE SURE THIS IS JUST FOR EDUCATION PURPOSE. I AM NOT SEBI REGISTERED. IT’S NOT BUYING ADVISE.
I AM JUST SHARING MY VIEW. IF YOU LIKE IT. YOU CAN FOLLOW. PLEASE BACK TEST AND DO YOUR OWN RESEARCH, BEFORE ENTERING REAL TRADE. TRADING IS VERY RISKY, SO DON’T FOLLOW ANYONE, BLINDLY. DO FULL PRACTICE AND KEEP PROPER STOPLOSS AS PER YOUR RISK.
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