Wednesday, October 29, 2014

DLF (by EOD Oct 29)


Observations:

Kept 5min chart of DLF spot and a 5 min chart of DLF Nov Future.
1) Looks like DLF is forming Diagonal, with green 4 on WS1 and green 5 is just above WP.
2) With respect to DLF NovFut chart, green 5 is done. And with respect to DLF Spot, green 5 is yet to be done.
Structure of green 4 to green 5 looks like abc form.

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