DLF - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.6

Here’s a sharp technical read on DLF Ltd., highlighting current momentum, trading signals, and short-term opportunities

📉 Trend Overview

Current Price: ₹800

Below 50 DMA (₹813) but above 200 DMA (₹776) → indicates short-term weakness, but long-term support is holding

Momentum appears to be slipping with signs of consolidation, possibly leading to a reversal if price fails to hold ₹780

📊 Momentum Indicators

RSI: 39.4

In the oversold territory → suggests exhaustion in selling pressure, may trigger a technical bounce

MACD: -3.15

Bearish crossover → further pressure likely in near-term

Volume: ₹17.77L vs avg ₹26.98L

Lower trading interest → confirms consolidation, wait for volume resurgence for trend clarity

💹 Moving Averages

Indicator Level (₹) Signal

50 DMA 813 Resistance zone

200 DMA 776 Support base

The 200 DMA is a crucial level—any breakdown below this could push it into bearish territory.

📎 Bollinger Bands

Price likely hovering near lower band, suggesting possible bounce

Bands are contracting, confirming consolidation phase and low volatility

📍 Short-Term Trading Zones

Zone Type Price Range (₹) Suggested Action

Entry Zone 780–790 Accumulate near support

Resistance 815–825 Look for breakout signals

Exit Target 840–860 If bounce confirms from oversold RSI

Support Zone 770–780 Risk-managed re-entry area

🧾 Additional Signals

FII Hold ↓ 0.29% → foreign sentiment slightly bearish

DII Hold ↑ 0.29% → domestic players still backing it

PAT up 39.4% QoQ → fundamental tailwind may support rebound

PEG of 1.03 → aligns closely with industry PE; valuation stable

Low debt (0.10) → solid financial base gives downside cushion

🧭 Conclusion

DLF is currently consolidating with bearish undertones. RSI and MACD suggest caution, but bounce potential exists if the stock holds ₹780 and volume rebounds. Momentum traders can look to enter near support for a short swing up toward ₹850+. Break below ₹770 could flip the bias to bearish reversal.

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