Elliott Wave Analysis of DLF Indian Stock

Author

Ramki
May 25, 2010

I am bearish for DLF (a much followed Indian Stock)  and expect it to reach at least 215. However, the better level to sell will be near 290.00 Take a look at the chart where I have given detailed elliott wave analysis of DLF. Clearly, there is a preferred level to sell and that is not right now because the risk of a sharp pull back is too high.

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