Hello traders,
Previously an idea was posted on godrejprop, this is another realty stock at a good dip as well with a great potential.
the realty sector is expected to boom in 2023.
let us look onto a short note on fundamentals of SOBHA.
A short description of the company:
Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to...
Hello traders,
this is another stock which is at dip, and has great potential for upmove in the long run, is it the right time to buy the dip? Let us look onto the fundamental analysis of GODREJPROP.
Do note that although I haven't mentioned most of the information, but a short note so that you can check out important points and it will take less time :)
realty...
It seems bullish because of the following reasons:
1-year Trendline breakout
Index(Realty) has given the range breakout
Price trading above 200 MA and MA is trending
Lower high price action
📈 Oberoi Realty Ltd. 📉
This Stock broke out from a Down Trending Trendline zone after testing three times. It was in consolidation inside Triangle Pattern since last six months and today that ended on long side So I am biased on long side as todays candle closed is strong green.
On Buy Side I am looking for Targets of 977 and 1036.
StopLoss should be kept...
GODREJ PROPERTIES after severely falling from its highs has made a falling wedge pattern and given a breakout on a 1h time frame and is consolidating with a formation of "W" pattern and another wedge breakout around its crucial resistance zone of 1630-1650 levels ,once these levels are taken out good upside momentum upto the levels 1740/1770 can be seen and in...
PVR share price has reached weekly supply zone and is showing rejection by forming inverted hammer candle and breaking previous week low. Shorting around 1580-1600 with stoploss of 1690 for targets of 1480, 1380,1300. Hedged shorting strategy using FNO segment with pre-defined risk reward can be planned owing to news based price action.
SHANKARA BUILDING has shown a breakout above 654 with a rising volume which can lead it towards a level of 800, also there is MACD crossover supporting with RSI above 60.
GODREJPROP has been very strong from beginning of September 2021 and has given huge up move with daily candles as big as 13%, 12%, 8% and has now come into the demand zone after peaking out on 14th October 2021 making a ATH of 2598. A buy can done in the range 1600-1400. Targets in near term 1840 - 1940- 2040 and eventually ATH, mange risk with proper stoploss and...
Hi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
#oberoi
#oberoirlty
Posted impressive unit selling numbers.
One of my major bet in realty sector.
Technically, did breakout with ATH volume spike. And retested breakout with falling volumes.
RSI above 55.
800-850 was proper range to add, but seems like missed it.
Will start adding on dips for long term now.
#vr
Beautiful pattern in IbRealest.
Heading towards 200+ and probably a breakout from the channel as well this time.
Gear up.
Only for educational purpose. Not a recommendation.
PRESTIGE 52wk high breakout today!
Buy above 519
Target of 600+
Realty sector doing good in the recent times is a positive.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
MARKET ANALYSIS: Very Bullish
SECTOR ANALYSIS: Most Rewarding Sector in the past Quarter. Extremely bullish once it crosses 600-650 levels.
STOCK: Has the potential to break the trendline which has provided resistance for the past 10 years and once it breaks with good volumes SOBHA can head towards the lifetime high of 1250 levels and thereafter turn into a...
