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THREETREND RESEARCH

11th Jul · SEBI-Registered Analyst

dlf

DLF
DLF has given a strong breakout above the ₹675 resistance, indicating renewed bullish momentum after a prolonged consolidation phase. The breakout is supported by a strong bullish candle, suggesting buyers are in control and demand is increasing at higher levels. The previous resistance near ₹675 is now likely to act as an important support if the stock witnesses a pullback. Sustaining above this breakout level can pave the way for a further upmove towards the next resistance zone around ₹700–720. A close below ₹675 may weaken the bullish structure and could lead to a short-term retest of lower support levels.

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