Stock of the day : DLF Ltd For Target Rs.558 - Religare Broking Ltd
DLF Ltd
* DLF have been in a steady uptrend from past more than 6 months.
* It had earlier registered a breakout from rectangle price pattern with noticeable volumes.
* Stock rebounding higher finding support at the neckline of the pattern which coincides with its 20 DEMA.
* We thus recommend creating fresh longs in the mentioned zone.
Buy DLF Ltd CMP 528.70; Range 527-530; SL 514; Target 558
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