DLF Breakout Alert: SEBI RA Deepak Pal Sees Fresh Rally Till ₹875

Technical charts indicate a strong bullish momentum for real estate developer DLF. The shares closed 1.8% higher at ₹844.00 on Tuesday, having gained 2.4% year-to-date (YTD)

According to SEBI-registered analyst Deepak Pal, the stock is exhibiting robust upward momentum on the daily charts. After opening at ₹830.80 and briefly dipping to ₹822.80, it has shown a healthy recovery to close at ₹844, indicating renewed buying interest.

On the weekly chart, DLF stock is holding above its 14-day exponential moving average (EMA) and 50-day moving average. Over the past few sessions, it has been consolidating around its 15-day EMA on the daily chart, suggesting a buildup before a potential breakout, he added.

The analyst sees a potential breakout based on Tuesday’s price action. A fresh bull run could be triggered since the stock closed above ₹840. With support near ₹820, Pal sees a short-term buying opportunity, with potential upside targets in the ₹870 - ₹875 range.

DLF operates across residential, commercial, and retail segments, with a strong presence in key metro cities. It has consistently reported profits and is backed by a low debt-to-equity ratio of 0.17, a promoter holding of 74.9%, and high-value assets, including DLF Cyber City.

The company continues to benefit from strong housing demand and stable leasing income. While it trades at a premium valuation of 60x P/E, its large land bank, steady cash flows, and disciplined execution strategy make it a fundamentally strong long-term bet.

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