Stock of the day : DLF Ltd For Target Rs.585 - Religare Broking Ltd
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DLF Ltd
* We are seeing noticeable traction in the realty space and DLF is leading from the front.
* Formed a fresh buying pivot while holding above the support zone of short term moving average.
* Set for a breakout from the same now. Buoyancy in realty index added positive.
* We thus recommend initiating fresh longs in the mentioned range.
Buy DLF Ltd CMP 548.70; Range 547-550; SL 532; Target 585
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