A quick technical update on DLF, India

Posted on December 21, 2008 by Ramki Ramakrishnan

dlf-21-dec-08A reader has requested for technical analysis on the Indian Real Estate sector, and I chose DLF because it was first on his list. The current move looks quite strong, and all we need is a break past early resistance at 323 for it to continue to 408 area. I wouldn’t be short of this stock once we trade above 323.

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One Response to A quick technical update on DLF, India

  1. R Sathyamurthy says:
    December 21, 2008 at 4:26 pm

    Ramki Sir,

    Thanks for the analysis of DLF. Will keep a watch on the stock.

    Regards
    R Sathyamurthy
    http://sathyamurthy.wordpress.com/2008/12/21/is-ponting-a-good-captain/

    Reply

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