December 11, 2013

DLF Triangle pattern

  • DLF Daily chart is testing the breakout from a triangle pattern. Price closing back into the triangle pattern may result in bigger falls.
  • Weekly upper bollinger band is acting as strong resistance level.
  • Bullishness only on closing above 166.2 levels. Bearish below 156.8 level.
  • TATA MOTORS Weekly resistance line

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