DLF CMP 749
Fibs - the stock is down to fib support at 734. In my view the stock will turn from here. The RSI at bull support at this zone is further confirming my take.
Elliott - The first tgt at 1100 is 47% from CMP and the second one at 1280 is 71% from CMP.
Conclusion - the stock has corrected from its 2008 highs. Looking at the strength of the rise I am sure the breakout is round the corner.
Fibs - the stock is down to fib support at 734. In my view the stock will turn from here. The RSI at bull support at this zone is further confirming my take.
Elliott - The first tgt at 1100 is 47% from CMP and the second one at 1280 is 71% from CMP.
Conclusion - the stock has corrected from its 2008 highs. Looking at the strength of the rise I am sure the breakout is round the corner.
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