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TAGaganDeep

Engulfing Bearish Candlestick in DLF

Short
DLF LTD (NSE:DLF)  
TAGaganDeep  
NSE:DLF   DLF LTD
Trend Analysis Chart Patterns NIFTY BANKNIFTY stockstotrade stockstowatch candlestickpattern priceaction
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trendanalysis chartpattern nifty banknifty stockstotrade stockstowatch candlestickpattern priceaction
The daily chart of DLF has formed an Engulfing Bearish Candlestick showing signs of negativity coming into the stock.

One can go short only below a valid Break Down of support marked.

An upside channel can also be seen.
If the stock manages to close above the channel then it would generate buy.

Trade as per priceaction.
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