NikethReddyVangala

DLF on the verge of a Breakout

Long
NSE:DLF   DLF LTD
1) Reopening trade playing out in realty stocks such as DLF , GOdrej Prop, Oberoi etc.
2) In case of DLF , 20 Day MA has just crossed 50 Day MA
3) The long term upward trend is intact
4) If it manages to close above the short term resistance of 293, can move to last swing high of 326, implying around 12% upside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.