Hi friends,
DLF was in news for wrong reasons recently or rather should say
because of close ties with Robert Vadra ,As the election showed a tilt towards Modi
This stock started to fall as Modi did say lot about the Vadra land deals.
Lets see the chart to see the clear picture.
The stock went down from 170
to 140 levels ,And slowly started
to rise back and eventually rose
furiously and had today touched
212.Lets see the bigger picture
of the stock ,The yellow count
abc the count is very clear .
The yellow trend line has to
be broken upward to consider
big breakout towards upside.
Lets see how DLF behaves near tend line resistance 240-260 ,
Regards
Rish
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