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Technicals for DLF Limited
By MusingTheNews
2026-02-02 20:31
Overall Technical outlook
Price Summary
The stock of DLF rose 2.0% today, reflecting a impressive market performance. On 2026-02-02, DLF's stock started at 614.0, reached a high of 628.55, fell to 610.05, and ended 2.0% higher at 626.3, with 2411229 shares traded. Throughout the 52-week period, the stock hit a high of 880.35 and a low of 588.45. 21 analysts estimate that the future price of DLF will fall between 740.0 and 1060.0, with an average price expectation of approximately 912.2381.
Technicals
Support and Resistance: With the current price at 626.3, support is found at 588.45 and resistance at 652.4. These levels indicate where buyers might step in at 588.45, while sellers could limit gains at 652.4, defining a trading boundary for DLF Limited. Support/Resistance for DLF
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for DLF Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for DLF. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for DLF Limited
Parabolic SAR: The PSAR for DLF maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for DLF Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for DLF Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. Tripple SMA chart for DLF Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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