Anil Singhvi recommends BUY on DLF; know the key levels and TARGET here

Anil Singhvi said that high beta stocks which had fallen sharply are seeing good buying in Tuesday’s session - the Indian stock markets are closed for business on Wednesday. Anil Singhvi recommends buying DLF stock. The stop-loss on this trade is Rs 251. The target price on DLF stock is Rs 265 and Rs 275. The stock is expected to recover considering the mood and the sentiment of the market. 

DLF share price closed at Rs 255.7 yesterday, up Rs 9 or 3.7%. The market cap of the company is Rs 63290 cr. DLF share price has moved down to Rs 255.7 from Rs 280 in last 1 week.

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In the last 1 month, DLF share price has come down from Rs 310 to Rs 255. The performance of DLF share has moved down from Rs 279 to Rs 256.

रिकवरी के लिए तैयार DLF...

अनिल सिंघवी से जानिए किन लेवल्स पर कितने लक्ष्य के लिए करें खरीदारी?#KalKe2000 @AnilSinghvi_ pic.twitter.com/pEcdqfDKMm

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The trendline over a longer period shows that DLF Share price has moved up sharply in the last 6 months from Rs 159 to Rs 255. 

Notably, real estate revival has clearly seen good buying in the sector.