DLF - Opnion required

[vaibhavdalal]

I have invested in DLF @325

Please let me know your views

 

[saivenkat]

The chart shows that you have entered on 12.2.2010.. and since then the downtrend has begun.. no signs of recovery.. The downtrend channel is perfectly impact, and it continues to make lower highs and lower lows..

The upside is capped to 240, and the channel downside takes to 180.

 

[meet444]

upside 270 downside not below 200

 

[DiwaliCrackers]

Dear Vaibhav,

Currently DLF is trading in Support level, but you bought it at very high price , so if you long term investor(2-3 years) then wait for some couple of months, but you are short term then wait for a some upside around 260-270 and exit from that stock and please never buy any realty stock for long term this stocks are only good for traders.

-DC

I have invested in DLF @325

Please let me know your views

 

[columbus]

I have invested in DLF @325

Please let me know your views

It is clearly in downtrend. Just add ONCE or Twice ONLY to bring
down your acquisition cost, personally I believe it is that BAD scrip.

 

[DiwaliCrackers]

agreed..but i got my major profit from this script only...

It is clearly in downtrend. Just add ONCE or Twice ONLY to bring
down your acquisition cost, personally I believe it is that BAD scrip.

 

[groggyme]

That was in the past...It's best not to be sentimental about stocks ..Let the trend be your friend ...
It's still in downtrend, vaibhav i think you should wait for further confirmation of a reversal before you buy again..

agreed..but i got my major profit from this script only...

 

[vaibhavdalal]

It is clearly in downtrend. Just add ONCE or Twice ONLY to bring
down your acquisition cost, personally I believe it is that BAD scrip.

I have the same thought but am sceptical as I am unable to judge the bottom for this stock

 

[groggyme]

it should stabilize around 170 levels..that is my opinion. it formed a double head n shoulder pattern.. based on that 170 looks the levels to buy ...be patient