DLF is trading at days low but has become very much volatile. Though the stock in spot level are looking weak, futures are very much volatile. Since a lot of shorts have got built, short covering can also be very much severe.
So it is better to book profits. It may hit our 3rd target also. But i expect it to reverse from there. Since the move can be very fast, we may not get opportunity to book profit. Our profits can turn into loss. So i would suggest book profits at 206.
So with just 1 lot of DLF, your profit for the day is 1000x3 = Rs.3,000/-
Enjoy Diwali with the profits you have made, don't become Greedy. ;)
So it is better to book profits. It may hit our 3rd target also. But i expect it to reverse from there. Since the move can be very fast, we may not get opportunity to book profit. Our profits can turn into loss. So i would suggest book profits at 206.
So with just 1 lot of DLF, your profit for the day is 1000x3 = Rs.3,000/-
Enjoy Diwali with the profits you have made, don't become Greedy. ;)
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