Wednesday, December 17, 2014

DLF (by Dec17 EOD)

Observation:

  • If seen in 60min chart with close values, we can easily see a 5wave in the move from 161.25 to 133. We can easily see ending diagonal in the 5th wave of this 3rd wave.



Stochastic (Day): 13.74.

new signals:

  • Weekly Chart & Monthly (MACD): sell.
  • MACD Buy signal upto 30min chart.
  • +ve div in 5min, 10min RSI
  • Broke the support line 136 through ending diagonal.

Key Numbers:
154.15: 2nd wave of 3rd down wave ended here.
149.71: 5EMA
149.45: HEMA
148.7: Upper Band
147.60: probable start of 3rd wave of 5th wave during down move.
145.50: Start of ending diagonal.
145.47: Lower Band
141.49: LEMA
140.15: down-red-channel top
138.84: 50Day SMA
133: Today's low






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