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.
AJMERA realty did breakout at its crucial 155 resistance zone a few days ago from where it pulled back. Now seems like the pullback is complete and its heading back toward the resistance zone. We can start building bullish position, preparing for the breakout.
📌Levels are mentioned on chart for ❝Swing trading❞.
📌Housing and Urban Affairs Secretary Durga Shanker Mishra on Friday said the government will look into various demand of the real estate industry, including an extension of timeline for completion of projects by 6-9 months.
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build longs at the demand levels or if it sustains above the fibonacci projection level of 0.886 targetting 1.272 level
looking to breakout very soon
wait for the pullback to the moving averages in the smaller timeframe or the breakout point
Downward Trendline which began in 2018 is finally broken with good volumes. Decent upside for a target of 148 and next 185 on cards in short to medium term with a stop at 118 on closing basis for short term positions.