DLF - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | DLF | Market Cap | 1,45,301 Cr. | Current Price | 587 ₹ | High / Low | 888 ₹ |
| Stock P/E | 53.2 | Book Value | 117 ₹ | Dividend Yield | 1.02 % | ROCE | 8.34 % |
| ROE | 6.30 % | Face Value | 2.00 ₹ | DMA 50 | 588 ₹ | DMA 200 | 666 ₹ |
| Chg in FII Hold | -1.28 % | Chg in DII Hold | 1.16 % | PAT Qtr | 326 Cr. | PAT Prev Qtr | 818 Cr. |
| RSI | 53.1 | MACD | 7.74 | Volume | 36,76,326 | Avg Vol 1Wk | 27,28,995 |
| Low price | 489 ₹ | High price | 888 ₹ | PEG Ratio | 7.93 | Debt to equity | 0.05 |
| 52w Index | 24.5 % | Qtr Profit Var | 304 % | EPS | 11.7 ₹ | Industry PE | 27.0 |
📊 DLF is trading near its 50 DMA (588 ₹) but below the 200 DMA (666 ₹), showing short-term support but medium-term weakness. RSI at 53.1 indicates neutral momentum, while MACD at 7.74 reflects mild bullish divergence. Current volume (36,76,326) is higher than average (27,28,995), suggesting active participation. Bollinger Bands show price stabilizing mid-range, pointing to consolidation with limited upside.
🎯 Entry Zone: 580 ₹ – 590 ₹ (support near 50 DMA)
💰 Exit Zone: 630 ₹ – 650 ₹ (resistance band)
🔄 Trend Status: Consolidating with mild bullish bias
Positive
- EPS of 11.7 ₹ provides earnings visibility.
- Quarterly PAT growth (+304%) highlights strong operational recovery.
- Trading near 50 DMA confirms short-term support.
- DII holdings increased (+1.16%), reflecting domestic institutional support.
- Low debt-to-equity ratio (0.05) ensures financial stability.
Limitation
- High P/E (53.2) compared to industry PE (27.0) suggests stretched valuation.
- ROE (6.30%) and ROCE (8.34%) are modest, limiting efficiency appeal.
- PEG ratio (7.93) indicates growth is already priced in.
- Trading below 200 DMA shows medium-term weakness.
Company Negative News
- Decline in FII holdings (-1.28%) signals reduced foreign investor confidence.
- Sequential PAT decline (818 Cr → 326 Cr) raises concerns about earnings consistency.
Company Positive News
- DII inflows (+1.16%) show strong domestic institutional support.
- Quarterly profit variation (+304%) highlights strong rebound despite volatility.
Industry
- Industry PE at 27.0 is much lower than DLF’s P/E, suggesting relative overvaluation.
- Real estate sector remains cyclical, influenced by demand recovery and interest rate trends.
Conclusion
⚖️ DLF is consolidating with mild bullish bias, supported by short-term technicals but constrained by weak volume and stretched valuations. Entry near 580–590 ₹ with exits around 630–650 ₹ is favorable for swing trades. Long-term investors should be cautious due to modest efficiency ratios and premium valuation, despite strong profit rebound and low debt profile.
This is the short-term technical trade view. If you’d like, I can also prepare a long-term investment outlook for DLF, integrating sector overlays and peer benchmarking for deeper portfolio insights.