Kunal Bothra of LKP told CNBC-TV18, "From a short trading point of view Rs 164-163 is a good support for DLF . If it trades above this support level, the short term trend could be on the bullish side. However, if it breaks Rs 163 then there is a definite cause of concern and we are looking at anywhere close to Rs 150 on DLF."
On December 30, 2013 DLF ended at Rs 166.40, down Rs 4.80, or 2.80 percent.
The share touched its 52-week high Rs 289.20 and 52-week low Rs 120.25 on 12 March, 2013 and 06 August, 2013, respectively.
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Below Rs 163, DLF may slip to Rs 150: Kunal Bothra
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