Stock of the day : Buy DLF Ltd For Target Rs. 550

28/07/2023 11:01:31 AM | Source: Religare Broking Ltd

Stock of the day : Buy DLF Ltd For Target Rs. 550 - Religare Broking Ltd

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DLF Ltd

* DLF has been gradually inching higher after breakout from the multi month consolidation phase.

* Formed the base while holding above the support zone of it’s short term moving average.

* The chart pattern combined with strong volumes suggests a bullish tone to continue.

* We thus recommend creating fresh longs in the mentioned zone.

Buy DLF Ltd CMP 510.80; Range 509-512; SL 492; Target 550

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Stock of the day : Buy DLF Ltd For Target Rs. 550 - Religare Broking Ltd

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