DLF (By EOD Nov 14)

Plan:
Monday if price opens around 140~141, buy and exit around 144 or move with SL.

Monthly chart:

• Sell signal in MACD has gone.
• At B price could not touch upper channel. Probably same is happening at E.

• Price is still below all averages.

Weekly Chart:

• Price is moving in the up-red channel.
• For the next week, channel bottom is around 140.70
• Watchout orange resistance line (144) and purple support-turned-resistance line (147)

Day Chart:

• We are nearing end of C (where XABC is the corrective 4th wave)
• 50 SMA is approx at 149
• Possible strategy could be: stay in short when price is below support Orange line and stay in long when price is above resistance Orange line.

1 hour chart: (Trading Plan):

• Buy at L5 (near: 141)
• Short when price touches Orange line. (resistance line) (nearly 149)

30min chart: (Trading Plan):

• Buy when price touches red-channel bottom (around: 140.70)
• Exit when price touches blue top (approx 145) or go up to red-channel top (with trailing SL)
• This 9 wave channel is moving up. But the RSI is slopping down.
• Sell at red-channel top (around 149 ~ 150). After touching red-channel top, there is a possibility that price may come down upto around 120.