DLF DLF is showcasing a clean structural transition from a deep accumulation phase following its correction from 52-week highs.
Technical Observation:
- Price has reclaimed key daily EMAs (20, 50, 100, and 200), trading firmly at ₹655.20.
- A classic demand-supply flip is taking shape above the ₹600–620 support cluster.
- Momentum is building on the RSI (currently at 59.32), signaling institutional absorption.
Execution Trigger:
The critical horizontal supply boundary sits at ₹680. A clear daily close above this resistance level validates the VCP/ accumulation pattern breakout, opening up potential targets back toward previous structural swing high around ₹860. Manage your risk precisely at the underlying support zones.
Disclaimer:
I am not a SEBI Registered Investment Advisor/Analyst. This post is created purely for educational purposes and chart analysis tracking. Please conduct your own due diligence or consult a financial advisor before committing real capital.
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.
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.