INDUSIND BANK LTD
Panjang

DLF WEEKLY BREAK OUT WITH CONFIRMATION

84




After months of consolidation and a healthy correction, **DLF Ltd** is showing strong signs of **trend resumption**.

### ๐Ÿ“Š Technical Highlights:

* โœ… **8.46% weekly gain** with strong bullish candle and volume.
* โœ… **Bounce from the 200-week EMA** (red line), a classic long-term support zone.
* โœ… Price is reclaiming the **20-week EMA** (blue line) after a multi-week downtrend โ€” often an early signal of reversal.
* ๐Ÿ” **Higher low formation** visible on the weekly timeframe.
* ๐Ÿ”ผ Looks poised for a fresh uptrend if follow-through buying comes in.

### ๐Ÿ“Œ Key Levels:

* **Resistance**: โ‚น820โ€“โ‚น850 (short-term supply zone)
* **Support**: โ‚น720โ€“โ‚น740 zone
* **Breakout Confirmation**: Above โ‚น800 with volume
* **Targets (Mid-term)**: โ‚น890 / โ‚น950 / โ‚น1020

### ๐Ÿง  Trading Plan:

* **Swing Traders**: Can consider entries near โ‚น750โ€“โ‚น765 with SL below โ‚น715.
* **Investors**: Ideal accumulation zone with long-term support in place and trend resumption setup forming.

### โš ๏ธ Risk Management:

* Always follow a stop-loss strategy.
* Position sizing according to portfolio risk tolerance.


This idea is for educational and informational purposes only. Always do your own research and consult with a financial advisor before trading or investing
Nota
SORRY CHART BY MISTAKE OF INDUSIND BANK ... KINDLY READ THE CHART OF DLF I REPEAT DLF

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