DLF (By EOD Nov19)

(DLF1:
WS1 = 135.5 ; WP = 139.5; WR1 = 145.85; WR2 = 149.80; WS2 = 128.90)

Monthly Chart:

• Sell signal in MACD. 
• Intersecting point between Orange falling resistance line and current candle is around 145.80. This gives possible point of entry for shot.
• Observation: It took 6 candles to reach C from B. Now we are in 6th candle from C.

Weekly Chart:

• Price is inside up-red-channel with price above 5EMA
• Falling orange line has given resistance throughout the fall from 2 to 3, and up till now. Current candle intersects with this orange line at 144.xx.

Day Chart:

• 144.10 was the low on Oct 13th. Today price managed to cross briefly (went upto 144.20). On Oct 13th, close value was 146.90. 
• Channel support is at: 137.70 (approx); channel resistance: 152.4 and WMA for today is: 136.6
• For tomorrow, Up-moving orange channel's resistance line is at: 152.5 (approx)
• For tomorrow, Support turned resistance line gives resistance at: 145.50 (approx)
• Stochastic turned down and trigerred. MACD turned down and not trigerred.

Hour Chart (FUTURE):

• Looks like we have ending diagonal in the 5th wave of C. (In that case, it confirms the end of C). In this case we can 
• buy at (4) and exit at (5). Approx value at these two points are: 137.5 and 145.
• shot at (5) and with target equals width of the diagonal, ie, 130 (approx)
• If price still going to follow red-channel, 3rd wave (of 5th wave of C) has started already at 139.85. 
• During pre-market time, decide the entry point.