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Buy DLF above Rs 275 for target of Rs 290-300: Finquest

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Finquest Securities has advised traders to buy DLF above Rs 275 for target of
Rs 290-300.

“After testing the low of Rs 259, DLF bounced back to form a Doji for the day. Further it is also testing the lower band of the falling channel. A breach of immediate resistance at Rs 375 could take prices up on relief rally towards Rs 290-300 levels. Buy DLF above Rs 275 for target of Rs 290-300 and keep stop loss below Rs 263,” said the report.

source: Economictimes

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