DLF: BULLISH SEQUENCE

10 Des 2021

Following the 'rule' of wave theory , ''wave 4 should not enter into the territory of the wave 1" , stock has managed to keep its bullish outlook intact. moreover we have a HH HL formation on daily time frame which suggest that stock should move higher in wave 5 for new high in coming weeks.

Buy on cmp add on dips keep SL of 390 & look for the target of 440-50 .