DLF Forms Bullish 'W' Pattern | Strategy Levels MarkedDLF LimitedNSE:DLFAdijohn🎯 STRATEGY SNAP: CLASSIC 'W' BOTTOM PATTERN IN ACTION CHART SETUP: Stock: DLF (India) Timeframe: Daily - Ideal for swing identification Pattern: Bullish 'W' Formation (Double Bottom) Key Feature: Right-side breakout above neckline 📊 STRATEGY EXECUTION PLAN: ENTRY ZONE: ₹723 - ₹725 Optimal area for position initiation Confirmation above pattern neckline RISK MANAGEMENT: Stop Loss: ₹715 (Below pattern support) Risk Per Trade: ~1.4% from entry Position Sizing: Standard 1-2% portfolio risk PROFIT TARGETS: Target 1: ₹740 (+2.1% return) Target 2: ₹760 (+4.8% return) Risk-Reward Ratio: 1:2.1 (Very favorable) 🎓 PATTERN EDUCATION - THE 'W' BOTTOM: Why This Pattern Works: Double Support Confirmation: Price tested ₹715 level twice and held Neckline Break: Signal triggers above the W's peak Volume Confirmation: Ideally should see increasing volume on breakout Measured Move Projection: Pattern height suggests ₹760 target Pattern Psychology: First bottom: Sellers exhaust at support Middle peak: Bulls attempt recovery Second bottom: Final test of support confirms reversal Breakout: Bulls take control above resistance ⚡ MY STRATEGY CRITERIA MET: ✅ Clear chart pattern identified ✅ Defined entry with confirmation ✅ Specific risk management levels ✅ Favorable risk-reward ratio ✅ Logical target projections TRADE MANAGEMENT SUGGESTIONS: Consider partial profit booking at Target 1 Trail stop loss to breakeven at Target 1 Let remaining position ride to Target 2 🔔 FOLLOW FOR MORE CHART PATTERN STRATEGIES! #DLF #ChartPatterns #TechnicalAnalysis #StockMarket #SwingTrading #TradingStrategy #Investing ⚠️ DISCLAIMER: I am not a SEBI registered advisor. This is educational content demonstrating chart pattern analysis. Not a recommendation to buy/sell. Trade at your own risk. Past performance doesn't guarantee future results. This educational approach positions you as a knowledgeable chart strategist rather than just a signal provider, which is exactly what TradingView Mind appreciates and promotes.