INFRA SECTOR STARING AT A MULTI-YEAR BREAKOUT! This is a good time to invest. Reasons : 1. Multi-Year Breakout 2. Head and Shoulder Pattern 3. Rent Culture taking over India ?
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 Target 260-300-350 SL Below 180 Closing Duration 1-2 Years
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
nice rounding bottom recovery. Will soar with infra recovery as bitumen is main product.
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...
Stock is retesting trendline breakout. On breaking resistance, go long Target 1- 837
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. Happy investing!
Pnc infra is fundamentally strong company with good fundamentals Felt it should be beneficiary of infra spending in budget ROADS HIGHWAYS etc Waiting for the BO
Buy above 404 with SL of 379. Spread chart of CNXINFRA/NIFTY50 is also seems positive. So we may see good move here.
Buy above 230 once the day candle close on Swing target of 200 MVG and the Short -Term target of 320
Buy @ CMP CURRENT MARKET PRICE First Sell Target @ 1162 Final Sell Target @ 1282
current resistance levels at 1390. Massive upside if it crosses this level. MACD looks to converge soon, indicating a good bull run if it breaks 1390 level
the chart structure suggest something positive in the company on the way , if am able to read it right 80 is not a surprising task for the stock in next 7 sessions ...
Falling ruppee and oil will lead to derating across the market L&T can be shorted with trendline as Stoploss
1) SC has asked RBI to start insolvence proceding against company 2) Triangle Breakdown 3) SL_13.9 4) RSI taking support at 30 5)