Stock of the day : DLF Ltd by Target Rs. 845 - Religare Broking Ltd

DLF Ltd
Buy DLF Ltd CMP 792.85 Range 790-793 SL 764 Target 845
* DLF has exhibited initial signs of reversal, establishing a robust support zone derived from multi-month price consolidation.
* The current price levels are forming a strong base, reinforced by significant support from long-term moving averages, specifically the 100 and 200 EMA.
* This technical setup suggests potential for sustained buying momentum in upcoming sessions.
* Market participants may consider initiating long positions near these key support levels to capitalize on potential upward movement.
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