- DLF Weekly chart shows a big Ascending triangle formation. But the resistance levels of the Ascending triangle between 173 - 175 has acted as strong support in the past as shown in chart 2. So bulls need a strong breakout and and weekly close above 175 levels to confirm breakout.
- For now though a Down Swing is happening in daily chart which may last till the up trend line. If the rising support line is held another test of 173 - 175 levels is likely to happen
- BHARTI AIRTEL Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 2, 2014
DLF Ascending Triangle and Resistance levels
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment