DLF view

DLF possibly is preparing for a turn lower,
STOCK recently have confirmed the SQUARING PATTERN breakdown which is a very strong indication for a REVERSAL.
good possiblity that it may have registered a major high at 521 which got printed on 31st,july.
For short term PATTERN targets on downside would be 456 and 425 on cash.
Today is a minor CYCLE date here so todays low would be important,
but the major CYCLE is starting from 30th,august,
so would expect trending phase after that.

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