DLF (by EOD Nov 17)

Stay long till 144. 
Shot at 146.5. (Possible SL is: 50 Day SMA = Orange down channel.= 141

Monthly Chart:Current candle intersect with down ward moving resistance line at: 146.7 (approx)

• Sell signal in MACD has appeared again today.

Weekly Chart:

• Price broke-down the upward channel 
• Current candle intersect with the down ward moving orange resistance line at: 145 (approx)
• 21 SMA is about to do bearish cross with 50SMA

Day Chart:

• 50 SMA is at: 148.43
• On Oct 13th, Price closed at: 146.90. (Then on 14th we had a Gap down.)
• Stochastic turned down (not yet triggered)
• Price is above 21 SMA, 34 SMA and 5 EMA.And below 50 SMA.
• Price is moving up in a channel. Channel top for tomorrow: 151.05 (Exit shot if this channel is broken in the upper side.)
• 151.17 is the 38.2% retracement of the 3rd wave (233.8 to 100.1)

Hour Chart:

• On Oct 13th, last candle closed at: 147.25
• Price is expected to meet light blue line at 147 today after 12 noon. 
• Price is also expected to meet orange resistance line around 151. (if price cross this line, then exit shots)
• Price closed below 21SMA and 5EMA. But above 34 SMA.and 50 SMA

30min Chart:

• First target blue channel top (147 approx). Second target red-channel top (151 approx)
• Since Oct 30, price is moving up but RSI is almost flat. (-ve divergence)

NIFTY:(Day Chart):

• For tomorrow, channel top is at: 8500 (plus few pts).
• Hitting channel top will attract ABC correction.