Tuesday, September 1, 2009

Flag and Pole in DLF 1st Sept 09

Update at 12:09 PM:
Exited 75% and keeping trailing stop loss for remaining holdings.

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Update at 11:05 AM:
It reached the first target, second target can be 445.

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Update at 10:14 AM:
DLF opened above the resistance, first target can be 437. One may buy on dips.

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DLF Intraday Chart - 5 mins:

DLF formed a Flag and Pole pattern just below the resistance. If it breaks through the resistance then it may gain Rs.25 more.

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