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.
after previous CnH now another Cup and handle pattern in realty sector.
If it manages to close above the red line today, we will have a 10 year Breakout!! The returns from this sector could be massive.
breakout retested , 325-330 might be durable bottom for this stock . keep an eye on dlf . any dip of 8-10 % WILL BE BLIND BUY
Beraking out range choose good stocks from the sector for next one year.
forming triangle and broke in daily and weekly. if sector is bullish so companies of sector. so notice lodha developer already breakout ,isobha breakout but retesting,indiabullsrealstate near resistance,sunteck already breakout,godrejproperty , all these companies are showing strength there are few more stocks which are on radar for swing and intraday trade ....
Nifty Realty has given a upwards BO and closed at 366.15 on Friday. Should keep an eye on this sector for the coming market sessions.
INDEX ALREADY GIVEN BREAKOUT , NOW STOCKS WILL FOLLOW , LONG WAY AHEAD , EXTREMELY GOOD TIME AHEAD FOR REALITY STOCKS
The ratio chart of Realty/NIfty, just looking to cross above 0% - Not Yet. Requires a whole BIG Push. Only reforms in Budget may do the trick. Keep an eye on this index. If it does some magic and goes past pre-covid highs, we have some mega bull run on this one. DISC: Not a SEBI Registered. I post charts for my own study.
its have resistance of Harmonic Zone... be cautious on ur long..... lets see how price reacts to this zone
From low nifty reality had 55% bounce.. Now it will be wise to book profits and sit on fence..
I think its worth looking at creating a demat holding of best nifty reality stocks
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks 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...
NSE:CNXREALTY ON MAJOR TIME FRAME SECTOR DEMAND IS IN CONTROL, SO LONG IS ONLY OPTION.