SCRIPT: DLF LTD.
PRICE: 635
TARGET: 680-740-774
DLF Ltd has closed above averages with volumes showing good sign of accumulation in the range of 620-640. Crossing the resistance line above 640 and close above 645 would initiate a new rally. DLF could be purchased for immediate short term target of 680 and 740 and 774 keeping stop loss at 630 on closing basis.
Incase DLF breaks the support line and closes below 620 it would enter a bearish phase. Traders can go short below 615 for 590.
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