DLF breaks out above ₹840, analyst sees rally to ₹875

DLF closed at ₹844 on July 9, triggering a bullish breakout above its key ₹840 level. Analyst Deepak Pal sees upside to ₹875 with support at ₹820, backed by strong chart momentum. The realty giant, with low debt and strong cash flows, is consolidating near its 15-day EMA, suggesting a fresh rally amid strong housing demand.