A quick update. DLF Ltd has broken its trendline nemesis. I cant say i am not surprised. I would wait for a throwback and test of the trend for confirmation. However, i must say that it looks good to go as it is a decisive break.
From an educational point of view this just reiterates that you should wait for trends to break before acting and avoid preempting moves else you may be on the wrong side of the market. Mighty relieved i didnt cave into temptation.
Perhaps todays news in economic times about RERA was the trigger.