Weekly and monthly RSI showing strength
Cement sector is also looking good
above 225 multiyear breakout
if breakout and sustain above 225 then may test 300
SL Below 180 Closing
Duration 1-2 Years
Green Target Zone:
SL Weekly Closing basis: below Bold Green Line
Can be Average on the White Tread line.
on the daily Chart, GAP between 66 to 71 Which can be a really good entry point for long / Buy
* SL only Weekly Closing.
As we can From Last 2-3 days Give good rally recoverd from lower levels ...no since morning Its Cosolidation Zone and not even Falling
From Last 2-3 days its facing rejction At 1725-128
So will Wait For BReakout
May it give Breakout Today Also or in Coming 2-3 Sessions
Keep An EYE ....we can See Good Moment
Buy Above- 1730
Target - 1750/1760
SL - As Per Own Risk
Looking at the sectoral charts on the monthly timeframe highlighted to me how NSE:CNXREALTY was one of the only sectors that hadn't broken out yet or weren't hanging in the air.
Sure, it's still testing the highs, but I felt I'd look at a few major Realty stocks just to see how they're placed on the M charts.
Snapshots of the charts can be found in the...
Relinfra - Reliance Infrastructure - Forming good raising channel BO given and due to sharp fell off in the last session still gives good chance to enter.
Don't invest a large amount as the candles are not so strong, but can invest a small amount for the long term.