DLF

DLF continues to remain one of the strongest plays in India’s premium real estate segment backed by: ✔ Strong luxury housing demand ✔ Debt-free balance sheet ✔ Stable rental cash flows from commercial assets ✔ Large future project pipeline Key positives: • Gross debt-free with strong cash reserves • Healthy rental occupancy across commercial portfolio • Strong visibility from upcoming launches and annuity income • Institutional interest remains strong Technical structure: • Immediate support zone: ₹540–570 • Major support: ₹490 • Resistance zone: ₹650 • Sustained breakout above ₹700 may improve medium-term momentum Current valuation remains relatively expensive compared to historical averages, indicating that execution and demand sustainability will be critical going forward.