DLF can touch Rs 484-490: Bose

Published on Thu, Jul 10, 2008 at 10:26 |  Source : CNBC-TV18

Updated at Thu, Jul 10, 2008 at 11:04  

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Rajat K Bose, Technical Analyst, .

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Technical Analyst, Rajat K Bose is of the view that above Rs 440, DLF can touch Rs 484-490.

Bose told CNBC-TV18, "DLF from a technical perspective becomes a buy after it has sustained above Rs 440. In fact that was the level I was earlier expecting it to go down to and sort of consolidate but then it actually cracked much further. Now it is trading above Rs 440 and even above Rs 460 chances are that you might actually see Rs 484 to about Rs 490 tested today and let us see how it behaves around that level. There could be some profit booking around those levels."

  

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