Investors have paid higher prices over time to buy DLF Limited and the stock is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The stock has broken a resistance level and given a positive signal for the long-term trading range. The stock has marginaly broken up through resistance at rupee 517.
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An established break
predicts a further rise. Positive volume
balance indicates that buyers are aggressive
while sellers are passive, and strengthens the
stock. The stock is overall assessed as
technically positive for the medium long term.
