For DLF, the stock is currently in a recovery phase after correcting from its highs near ₹886. Recent trading has been range-bound around ₹560–₹620, with important breakout and support zones visible on charts.
Above ₹616: bullish momentum can extend toward ₹625 and ₹650.
Sustaining above ₹650: medium-term trend reversal confirmation.
Below ₹585: weakness may drag price toward ₹570 support.
Breakdown below ₹560: could revisit ₹520–₹500 zone.
Swing Trading Setup
Buy on dip: ₹570–₹585
Aggressive breakout buy: above ₹620 with volume
Stop loss: below ₹555
Targets: ₹650 / ₹700+
Above ₹616: bullish momentum can extend toward ₹625 and ₹650.
Sustaining above ₹650: medium-term trend reversal confirmation.
Below ₹585: weakness may drag price toward ₹570 support.
Breakdown below ₹560: could revisit ₹520–₹500 zone.
Swing Trading Setup
Buy on dip: ₹570–₹585
Aggressive breakout buy: above ₹620 with volume
Stop loss: below ₹555
Targets: ₹650 / ₹700+
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Related publications
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.