My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 27, 2014
DLF Weakness at golden ratio
DLF Weekly chart shows weakness at golden ratio.
Price movement was dramatic and Gave a Big bearish engulfing pattern But there was not big change in volume. Bearish engulfing needs more confirmation.
More weakness for the stock if it starts to trade below 23.6% Fib level.
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