Stocks for Intraday trading for today's session (23 feb 2015) will be HDIL, DLF, JSWENERGY and LUPIN. Analysis on HDIL: We are looking for buying opportunities in hdil around 115, with intraday target of 120 and stop loss at 113. Here risk reward ration is good and in favor of trading risk. Also stochastic indicator has give a strong and healthy buy signal. Analysis on DLF: We will wait for ... [Continue Reading]
DLF is in Down Trend Since Recession of 2008, Trading Strategy is to Short Sell on Every Bounce
DLF Ltd. is the largest real estate developer in India. But since the sub-prime loan crisis in the western countries DLF has moved to its lowest level in November 2009. DLF stock on NSE is still trading with bearish bias and we see that it is taking the resistance at the 100 EMA, Since the price action is close to that resistance level we are expecting the selling coming in the DLF stock. We ... [Continue Reading]
DLF Short Selling Opportunity in Short Term, Target 175 Level
Dlf has been pointed-out by a Canadian based research firm Veritas Investment Research, this firm reveals the poor companies which are doing bad in term of financial. DLF stock was trading around 209 when company published its report about DLF and just after the reports were public stock tanked about 7% in no time. Also this firm has valued DLF at Rs.100 per share 50% lower than its current ... [Continue Reading]
Stock Option Trading: Buy DLF 220 Put Option at 4.15 for Target 9.5, Stock has Resistance at 244.
DLF has bounced off after touching 179 level recently, but this bounce is limited up to its next strong resistance at 244 level, So short positions can be initiated in DLF just near 242 level for targets as 229 and then 224 levels on positional basis. High risk traders can even buy some DLF put options of 220 strike price near 4.15 for targets as 9.5 and then 16 level also on 7 days positional ... [Continue Reading]
DLF Stock for Intraday Trading Today: Sell DLF Near 186 for Target 181, Technical Analysis Suggest Short DLF
DLF stock has given nice closing last Friday and we believe that stock must see some pullback and selling must continue to pull the DLF stock towards the 180 levels today. So we will advice intraday traders to enter the short positions in DLF near 186 level for intraday target of 182 and then 180 level. Also we see a strong support is at 180 level and some bounce is expected from there. So our ... [Continue Reading]
