When a stock goes down and down and down... and it breaks every support level , its a sign of a falling knife. I have never seen a falling knife stopping in the sky , it falls and hits for sure on the ground.
DLF has broken its every support level till now and the final nail on the coffin is that its moving speedily to break its all time low. We have seen people love stocks and when they fall in love with a specific stock they get emotionally attached and do not move out.Its a clear signal stay away and move out. Look at new stocks , take fresh positions with proper thought and earn you losses back.
Below is the chart of DLF all time low... We expect levels of 100 till this year end.
You can see our video on technical analysis:-
DLF has broken its every support level till now and the final nail on the coffin is that its moving speedily to break its all time low. We have seen people love stocks and when they fall in love with a specific stock they get emotionally attached and do not move out.Its a clear signal stay away and move out. Look at new stocks , take fresh positions with proper thought and earn you losses back.
Below is the chart of DLF all time low... We expect levels of 100 till this year end.
You can see our video on technical analysis:-
See syllabus for Technical analysis training in Mumbai,India.
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