Prestige has seen good amount of volume buildup in past couple of days. A rounding bottom formation is visible clearly in charts. Now price has broke out of the neckline of bottom with good volume. There is a gap between 260-278 which needs to be filled. SInce price is near these gap price levels, expected to fill by a quick price rise. Short term Target 1:...
Almost 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....
PRESTIGE Buy/Sell and Targets levels mentioned in chart..... .. Comment your Views...... .... plz , Support the idea by clicking LIKE button... .... Thank you, Vishwajeet Sharma
buy on trend line breakout around 198 -200 . good for positional - Target 264
WE CAN CLEARLY SEE THAT IT IS RESPECTING CHANNEL AND IT HAS MADE DOJI CANDLE AND TRYING TO CLOSE BELOW UPPER CHANNEL LINE ONCE BLUE LINE IS TAKEN OUT N CLOSING BASIS IT MUST FALL TO LOWER CHANNEL LINE GOOD LUCK TRADE AT YOUR OWN RISK
Formed Bearish Engulfing currently. Taking support from Feb23.6 level. Breaking this level takes to 352-353. Incase if bounced back from the support level, will test 410.
Cup and Handle breakout in Prestige stock, above 306 + level. Weekly candle close above 306 +, will touch 350 level.
IT IS SHOWING HEAD AND SHOULDER PATTERN ON WEEKLY CHART TARGET AND STOP LOSS GIVEN NOTE: FOR EDUCATION ONLY TRADE AT YOUR OWN RISK
Oberoi realty has quite a brand name in Mumbai and its projects always attract a premium. After a great annual result with over 50% sales increase the price zoomed 17% in one day. The stock continued to show strength with steady increase reaching 360 levels. That is a annualized 70% return. However post demonetization saw a strong correction retracing to 260...