A 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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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/