Daily Analysis on

DLF

Technical View

Stock has recently closed below the 200-DMA → weak short-term trend. Indicators: RSI IS 38 → weak momentum, near oversold zone. MACD negative → continued selling pressure. Price < 20/50 DMA → bears in control. Support: ₹710–700 (major accumulation zone). Resistance: ₹780–800 (short-term hurdle). Upcoming Events & Impact RBI Monetary Policy (Sep 2025) Rate cut/hold → positive; rate hike → negative. Q2 FY26 Results (Oct–Nov 2025) Strong pre-sales could drive rally; weak numbers → downside risk. Festive Season Demand (Oct–Dec 2025) Higher booking activity expected → positive sentiment. Government Housing/Infra Schemes Subsidies or tax incentives → sector re-rating.