2. India Infoline has issued a sell recommendation for DLF as daily RSI as well as the daily MACD are exhibiting negative divergence. As a strategy India Infoline has recommended traders to SELL the stock at current levels and on rallies to Rs 205 as it feels that the stock can target the level of Rs175-Rs165 with stop loss of Rs 215. However one has to just remember that the issue of corporate governance has been resolved at the company and has already earmarked Rs 1100 Crore for the buyback of the shares.
2 Stocks with Sell Strategy to Make Money
Posted By On 2:20 PM Under Ashok Leyland, DLF2. India Infoline has issued a sell recommendation for DLF as daily RSI as well as the daily MACD are exhibiting negative divergence. As a strategy India Infoline has recommended traders to SELL the stock at current levels and on rallies to Rs 205 as it feels that the stock can target the level of Rs175-Rs165 with stop loss of Rs 215. However one has to just remember that the issue of corporate governance has been resolved at the company and has already earmarked Rs 1100 Crore for the buyback of the shares.