Currently indices are at 650 levels and I expect breakout from 785 Level. 20% Quick upside possible in realty. My sector picks are Godrej Properties CMP-1800, Purvankara-150 and Prestige - 800.
The sector is underperforming since long and now it seems it has broken out but monthly closing is yet to come. And 2000 note circulation limitation will surely give negative impact on this sector hence if this jerk is born by this sector then there is huge upside here
📊 Script: PRESTIGE (PRESTIGE ESTATES PROJECTS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY REALTY / NIFTY MIDCAP 100
📊 Sector: Realty
📊 Industry: Residential Commercial Projects
Key highlights: 💡⚡
📈 Script is trading at middle band of BB and taking support of middle band which is SMA20.
📈 Already crossover in MACD.
📈 Already Crossover in Double Moving...
NSE:DLF broke out of a major trendline(kind of a cup and handle pattern) and is undergoing slow consolidation in a flag like pattern.
Enter at the break of the flag trendline and hold for big targets after price crosses and sustains above 450 levels.
Targets are open for this one.
Place sl below 340 and trail with preferred MAs.
Risky trade but high...
After forming a X-wave, Nifty Realty is almost ready for the Flat if it will go above the 492, If it will go above 510 then it will form a Flat with strong-B, because once if it will cross the 510 level then it will go above the top of wave-A, in this case wave-c may not go below the low of wave-A 442. If It will take turn from the below 510 then chances are very...
ASTRAL LTD is making a triangle in a longer timeframe and making a head and shoulders in the smaller timeframe and also is range bound on support and resistance marked as pink boxes. Can buy after the breakout and the pink box and break of the trendline target for swing is 2312.
It has broken out of flag pattern and could give 80+ points move in short time (within ~2 weeks). Take your picks from the sector that looks strong and it could give a decent return.
India Bull Housing Finance seems to be forming a Bullish flag so far recently.
Breakout out if this, with at least 250Mn, may form Inverted head and shoulders pattern touching swing target of 260 - 290.
Targets :
Swing = 260 - 290
Short term = 360 - 400+
Medium term = 500 - 600+
Long term = 1400+
NIFTY REALTY has been bullish strong enough for it to continue.
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The chart above shows Nifty's sector-wise analysis.
As we can see, the Pharma sector has performed the best in terms of returns since the crash followed by the IT sector.
Finance and Realty (Real estate) have performed...
