DLF has closed above its short term moving average.
The short term moving average is above mid term average and below long term average.
This makes DLF a good candidate for short term swing long trade.
MACD is above signal line and is bullish.
RSI is bullish but not overbought.
343 could be he entry point for DLF long.
The targets for this trade are 378 and 390.
A close below 320 is ideal stop for this trade.
NEXT: Nifty future Weekly Outlook
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
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