DLF - Inverted Head and Shoulders formation on Daily time frame

DLF on a Daily timeframe seems to be forming a Inverse Head and Shoulders Pattern.

Bullish on DLF as long as 880 is held(Stop loss) on a Daily closing basis.

On the upside, I see potential targets of 940, 965 and 1000 levels.

If we can break 1000 and sustain, we can expect to see it test the Prior All Time High levels of 1050 (made back in year 2008).


CMP 914

Upside Targets

PT1 - 940
PT2 - 065
PT3 - 1000

Stop Loss(SL) - below 880