Each candle reprent 4 week duartion. Hence not at all a f&o recommendation .This chart is only a study of mine not any type of recommendations. the chart represents long term time interval. Development of leading diogonal initially. there is base channel 1 breaking out of this channle indicates the start of long term 3 rd wave. In short term too 3 rd wave is in progress and the movement of Dlf right now inside the 2 nd Base channel. It appears there is enough scope for Dlf to move higher.
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