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...
After consolidating for almost 30 days SOBHA broke previous high of 848 and close at ~884.
We have good support in 645-670 range.
RS is bullish > 0.1.
If it holds above 850 we can see 35-40% upside move also realty sector is very bullish.
This is follow-up on Sobha. Can check link to related ideas.
Target 1 achieved. More than 16%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
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...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.