Expect DLF to touch target of Rs 400: Emkay
Sarvendra Srivastava, Technical Strategist, Emkay Global Financial Services is of the view that DLF has broken out of an inverse H&S formation. He expects the stock to touch target of Rs 400 in coming weeks
By ET Bureau |
MUMBAI: Sarvendra Srivastava, Technical Strategist, Emkay Global Financial Services is of the view that DLF has broken out of an inverse H&S formation. He expects the stock to touch target of Rs 400 in coming weeks
“DLF has broken out of an inverse H&S formation, note how volumes have confirmed the with the breakout with a big expansion. We expect the stock to target Rs 400 levels in coming weeks and the neckline at Rs 335 would support this upmove,” said, Sarvendra Srivastava, Technical Strategist, Emkay Global Financial Services.
“DLF has broken out of an inverse H&S formation, note how volumes have confirmed the with the breakout with a big expansion. We expect the stock to target Rs 400 levels in coming weeks and the neckline at Rs 335 would support this upmove,” said, Sarvendra Srivastava, Technical Strategist, Emkay Global Financial Services.
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