Stocks

DLF stock now in recovery mode

| Updated on February 05, 2020

 

After a 12 per cent tumble on Budget day, the stock of DLF recover some lost ground in the past two trading sessions. It gained 6 per cent accompanied by above-average volume on Tuesday to close at ₹245.3, ahead of Q3 results announcement today. There has been a rise in daily volumes over the past four trading sessions. The stock faces a crucial resistance at ₹262 that has been capping the upside since mid-December year last. A rally above this level can test ₹270. Supports are at ₹235 and ₹220.

Published on February 05, 2020

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