- HI guys .....i hope u utilised my charts of DLF ....this is our team*s hattrick after chambal and reliance....
- the above chart shows the wave counts of the wave from 4720 ....comments are annotated in the chart by dear RCG ji.....
in this chart i have tried to give u an idea of the channels and supports....look for a jump up from the yellow lines to go long....and short the moment one 30 min candle closes below them...so the levels for first yellow line are 5065 and 5056...below 5049 expect sharper cuts towards lower line of the channel...
- depending on the results and world markets we might move up or down...but breaking 5049 we should keep 4980 and 4883 in mind...
- i have shown all three waves in this flat between 4720-and 5169...so earlier ones had 38 and 62 % retracements for respective Bs...and then a C which passes the high of A and truncates by not completing 1*A...good luck
in this chart i have tried to give u an idea of the channels and supports....look for a jump up from the yellow lines to go long....and short the moment one 30 min candle closes below them...so the levels for first yellow line are 5065 and 5056...below 5049 expect sharper cuts towards lower line of the channel...
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