BRIEF OVERVIEW OF ALL THE MAJOR SECTORSFollow me for more such updates ahead and do hit the LIKE button if you liked my work and comment below if you want an update every week on the above sectors' analysis
Till then
Happy Trading
Niftyrealty
Monthly breakout scenario As the realty sector is picking up the momentum , NCC can be a high return scrip over short period of time. Invest and sit before you miss the breakout rally.
SOBHA LOOKING BULLISHBuy sobha at CMP for 8-15% gain in short term. Entire realty basket is showing bullish scenario.
INDIA BULLS REAL ESTATE PRICE ACTION ANALYSIS. INDIA BULLS REAL ESTATE stock's price has broken out the trendline and the previous swing high at 143. Currently, it is under the pullback test. If the price manages to sustain above 144, then we can go long.
The potential reversal zone may be a hurdle. So, book your profits near this zone. Above PRZ, a further uptrend could be seen.
The demand zone below can act as good support for the price. So, place your stop loss below this demand zone.
All the levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
DLF PRICE ACTION ANALYSIS. DLF broke out with high volumes and is currently trading in a supply zone. This supply zone has been tested several times and DLF's price managed only one time to cross it to hit an all-time high.
We can also see the fall after closing below the supply zone. So, it is important for the price to break the supply zone with high volumes to go for our target and a new all-time high above it.
The stop loss can be placed below the supply zone.
If DLF's price comes to test 318 level, chances are good that it will support. This is a better scenario for going long.
Happy trading :)
This is just for educational purposes.
NIFTY REALTY BROKE OUT PAST ITS PREVIOUS SWING HIGH. 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.
Nifty RealtyThree inside up candle pattern in Nifty Realty on weekly timeframe. It is highly bullish pattern.
NIFTY REALTY - The Next Game Changer ?Very bullish on many Realty stocks since the index has completed a breakout and retest of resistance on a 12 year Box.
Also, from a pattern perspective, I see an Inverted Head and Shoulder Pattern which again is one of my favorites.
This space is a long term play and to get good returns, Patience will be the key.
The charts here are on Weekly Time frame which means the holding period should be not less than 3 months.
Hold it for over a year !
Some individual personal favorite picks from the sector are here below.
Red line - Stop loss (or as per your risk appetite)
Green Lines - Targets
Blue Line- Entry above Closing.
Prestige Estates -
Puravankara -
Godrej Properties -
Oberoi Realty -
Sobha -
Brigade Enterprise -
Mahindra Lifespace -
Phoenix Mills -
Inflection PointYou know about inflection points. When many technical parameter formed at a point A strong technical level formed by several Trend lines, Moving Averages , Candlestick Pattern & Price Action Support . called inflection point .
In this sector all parameters formed at a point such as rising trendlines , support , candlestick pattern & MA .
ALL INDIAN INDICES REVIEW PART-2NIFTY REALY IS HAVING BULLISH BAT PATTERN TARGET IS 31 POINTS
I AM BULLISH ON MARKET
TRADE AND INVEST AT YOUR OWN RISK
DLF Short Term OutlookDLF from the NIFTY REALTY Sector has highly outperformed Nifty Realty Index Returns and Now Stock is Trading near to Support zones.
Nifty Realty - About to break resistancePrice following a pattern - "Reach the resistance level, get rejected, break the level ". . . .
The above is the pattern in reality sector since the big fall. One can now expect the price to break the present resistance levels and reach the next resistance levels as shown in the analysis.
NIFTY REALTY Possible Flag PatternNIFTY REALTY on 20th Oct gave the long-awaited triangle breakout followed by a quick attempt to break the resistance at 239-240 levels. This was rejected and then it fell into a channel consolidation (descending) since 22nd Oct.
Possible breakout/down confirmation levels
Breakout - 237.15
Breakdown - 233.9 (Aggressive), 232 (Conservative)
Just a Beginner trying to learn pattern analysis. Looking forward to corrections and insights.
Cheers ;)
GODREJPROP: Stuck in a range!The stock has been in this range for over 3 months now. The 100 point range i.e., 840-940 seems to be holding for now. It bounced back strongly from the support levels today and closed on a high. Expect it to test those upper levels again in a week or two. The trade right now is to go long with a stop below 840 on a closing basis. Remember this is a large cap & one of the best in the Nifty Realty pack, DLF also has seen a sudden surge in the last hour of trading today. Both these stocks might see a good spike on Monday if the market supports. A good trigger on the upper levels is awaited, maybe the Q2 results + Order book can act as a trigger this time. Note: Don't completely rely on this, please do your own research as well, this is for educational purposes only.
Nifty realty segment may lead the market for coming daysAlmost all the sectors have recovered post march downfall but nifty realty yet to recover.
This sector started reacting from a very strong buying zone, some of the stockes like Prestige, Sobha, DLF started showing upmove. keep an eye on realty stocks for good returns in coming days.
Below are the realty stocks with their weightage-
DLF 26.50
Godrej Properties Ltd. 22.76
Oberoi Realty Ltd. 12.31
Phoenix Mills Ltd. 12.06
Prestige Estates Projects Ltd. 8.53
Brigade Enterprises Ltd. 4.83
Indiabulls Real Estate Ltd. 4.43
Sobha Ltd. 3.38
Sunteck Realty Ltd. 2.99
Omaxe Ltd
