DLF - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.8

📈 DLF is currently in a trending phase, supported by bullish price structure and momentum indicators, though valuation remains elevated.

📊 Technical Overview

• Trend Status: Trending upward — price has climbed from ₹601 to ₹777, approaching its 52-week high of ₹897.
• Moving Averages: Price is above both 50 DMA (₹762) and 200 DMA (₹768), confirming bullish momentum.
• RSI (47.7): Neutral zone, suggesting consolidation with potential for upward continuation.
• MACD (6.04): Positive crossover supports short-term bullish sentiment.
• Bollinger Bands: Price near mid-band, indicating consolidation with breakout potential.
• Volume: Above average (36.5L vs 25.4L), showing strong participation and interest.

📌 Entry & Exit Zones

• Support Zone: ₹750–₹765 — ideal for entry on pullbacks.
• Resistance Zone: ₹880–₹897 — potential exit or partial profit booking zone.
• Breakout Level: ₹897 — crossing this could lead to new highs.

✅ Positive

• Quarterly PAT surged from ₹40.3 Cr to ₹818 Cr, showing exceptional earnings momentum.
• EPS of ₹9.85 and strong volume trends support bullish sentiment.
• Price action above key moving averages with positive MACD crossover.
• Low debt-to-equity ratio (0.05) enhances financial stability.

⚠️ Limitation

• High P/E (85.5) and PEG ratio (12.8) suggest overvaluation concerns.
• ROCE (8.34%) and ROE (6.30%) are modest compared to industry leaders.
• RSI below 50 indicates lack of strong momentum despite price strength.

📰 Company Negative News

• Decline in FII holdings (-0.52%) may reflect cautious foreign sentiment.

🌟 Company Positive News

• Massive quarterly profit growth (325%) and strong institutional interest from DIIs (+0.20%).

🏭 Industry

• Operates in real estate and infrastructure, a sector driven by urbanization and policy support.
• Industry P/E (41.9) is significantly lower than the stock’s, indicating valuation premium.

🧾 Conclusion

• DLF is technically strong with bullish indicators and robust earnings momentum.
• Entry near ₹750–₹765 is favorable; watch for breakout above ₹897 for further upside.
• Long-term investors may hold for growth; short-term traders should monitor valuation and resistance levels.