Sanjan91

NIFTY REALTY BROKE OUT PAST ITS PREVIOUS SWING HIGH.

Long
Sanjan91 Updated   
NSE:CNXREALTY   Nifty Realty Index
Yesterday Nifty Realty rose 5% breaking out its past swing high. The targets are mentioned on the chart where the profit booking can be done.

Entry on a pullback will give better risk-reward but anyways if you are already in a long position better watch out for the target levels.

We shall discuss the underlying stocks which are showing similar behavior.
Trade closed: target reached:
Both the targets are reached. Now, will be a pullback to 418 or 400 levels. We can take long positions from those levels.

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