My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 27, 2015
Falling wedge of DLF
DLF Weekly shows a possible falling wedge pattern. This pattern mostly works against the prevailing trend. For the pattern the levels 136 and 93 are crucial . One has to see a weekly close above 136 to confirm the pattern. While a close below 93 will keep the down trend intact.