Thursday, August 27, 2020

DLF Limited | Fresh BreakOut | Share/Stock Price Level Outlook


DLF Limited


➽ In this article we will discuss recent development in the Share of DLF LIMITED in the Stock Market.

Recent Key Strengths

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Stock gained more than 20% in one month

Recent Weaknesses

Decline in Quarterly Net Profit with falling Profit Margin (YoY)

Degrowth in Quarterly Revenue and Profit in Recent Results

Annual net profit declining for last 2 years

Major fall in TTM Net Profit

DLF Technical Chart & Outlook

The stock of DLF after the sharp fall in March 2020 , made a bottom and after consolidation breaks the sideways trend.

DLF after breaking the resistance of 165 level with high volume came into a new fresh zone.

Now stock break its sideways trend and enter into a fresh uptrend. Now for a short term next resistance level is at the level of 200. 

DLF in the Mid term if breaks and close the 200 level with good volume , then the next level seen in the stock will be the 250 level.

Now the stock is in  uptrend , so from in every correction long position can be made.

DLF Recent Annual Results

Annual sales revenue decreased from 8366 cr in March 2019 to 6082 in March 2020 showing negative performance.

Net Profit fall drastically , the company made a loss of 1480 cr in March 2020 whereas the company was in profit of 368 cr previous year.

Thank you for your precious time.

HDFC LIMITED | Swing Trade Strategy | Share/Stock Price Level Outlook

r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.

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