surya89trade
Long

DLF - Bulls Ready to Rage

BSE:DLF   DLF LTD
The Inverted H&S pattern observed in Weekly Time Frame of DLF             has probably known to everyone by now.

The significance of me posting the chart today is on back of Positive news that DLF             has sold its subsidiary's stake to a GIC Singapore at a valuation of about Rs             35000 Cr at a time when the Market Cap of DLF             ltd is Rs             33352 Cr. This makes me think that stock might rally significantly to Rs             230-260 levels in coming weeks on back of this stake sale and plans of debt reduction through sale proceeds.
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