Sunday, January 15, 2012

DLF LTD; CONTRARIAN BET



DLF LTD:  CMP 196
  • On the upside, resistances at 203 followed by 214 and then around 220 levels. A close above 220 could take it to 227 quickly.
  • On the downside, supports at 193 followed by 184 and then a strong support at 172 levels.
  • Long term investors can buy at CMP and hold for a possible conservative 12 month target of about 251. To my mind, it is a must-have in a long term portfolio and the right time to buy is now and not when Analysts, all and sundry, are shouting from the roof-tops and the scrip has already moved beyond 230!!!! 
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1 comment:

  1. AnonymousJanuary 20, 2012 at 9:11 PM

    I am following your blog from few days and i am very happy that i acted on your call.Thanks

    ReplyDelete

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