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- We have seen short buildup in the DLF futures where we have seen 4% addition (Prov) with DLF falling by 4%.
- Short term trend of the DLF is negative as it is trading below its 5 and 20 day EMA.
- Stock price has closed below its multiple support range of 306-315 levels
- Momentum Indicators and Oscillators like RSI and MFI is sloping downwards and placed below 40 on the weekly chart, Indicating strength in the current downtrend.
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