DLF closes at 232.85 on 18 Feb 2011 with formation of Three Outside Down Pattern on Daily Price Chart. Technically DLF is in Uptrend on Daily price chart . After Analyzing the Volatility Skew for DLF, we find the Calls are Gaining Momentum compare to Puts. It may emerge as a Multi-Bagger in Next Few Months.
We Recommend to Accumulate – DLF at CMP
Target-260/286
Time Frame- 2 months
Stop-Loss - 230
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