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DLF Ltd 

Buy DLF Ltd  CMP (Rs) 670 Target (Rs) 860 - 960 Stoploss (Rs) 570

The stock has been in consolidation for quite some time, sustaining above the important 200EMA at the 623 level on the weekly chart & forming a higher bottom formation along with the VCP pattern in the daily chart. Currently having positive candle formation with volume participation to improve the bias, anticipating a further rise in the coming days. The RSI is well placed, and with a positive trend reversal indication having much upside potential visible, it can carry on with the positive move further ahead. With the chart technically looking good, we suggest buying the stock for the upside targets of 860 and 960 levels keeping the stop loss at the 570 level.

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