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Realtysector

SURAJEST READY FOR TREND RESUMPTION MOVE NSE:SURAJEST Pattern: The stock is forming a flag in an uptrend, indicating a potential continuation of the upward movement. Resistance Level: There is a horizontal resistance above 810, which the stock needs to break to continue its upward trajectory, waiting for an hourly close will be good. Sector Outlook: The realty sector is poised to zoom up, suggesting a favorable environment for SURAJEST LTD. Target and stop Levels: Refer to the chart for specific target levels. Keep learning and happy trading!
NSE:SURAJESTLong
by SANJAYPATIDAR_
Realty & Auto: Massive sell-off opens up a chance for shorting!REALTY Following an impressive bull run, the index has begun to consolidate and has taken the shape of a Rounding Top pattern. With significant selling pressure, the index is currently hovering around its trendline support level, which also happens to be the neckline of the Rounding Top pattern. If the trendline is breached, we could potentially witness a correction in the real estate sector. This sell-off presents an opportunity to take short positions in stocks like DLF, Godrej Properties etc. AUTO The automotive industry has experienced a significant increase and is one of the key sectors contributing to the strong rally of Nifty. Following a period of consolidation, a breakout occurred but the index encountered a notable rejection at its all-time high. Following a significant gap, the auto index dropped and is anticipated to decline even further. Given this situation, there is a chance to open short positions in certain stocks such as M&M, Escorts etc.
NSE:CNXREALTYShort
by GoodluckCapital