DLF hits fresh 52-week high post breakout from rectangle pattern; time to buy?

DLF, part of the real estate industry, gave a breakout from a rectangle pattern on the weekly charts to hit a fresh 52-week high in April 2023.

The stock price hit a 52-week high of Rs 419 on 17 April 2023. It moved in a narrow range of 20-30 points since January 2023 on the weekly charts.


Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. (these do not represent the views of Torbit)