Nifty Infra index positive Breakout Nifty infra index gives positive response in current market conditions.
NIFTY INFRA Sector Analysis (1W TF) - 16th December 2023#NIFTYINFRA Sector Analysis (1W TF)
- The Infra sector has shown a fabulous up move since beginning of 2023
- It is at a Reversal zone now
- Wait !
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Nifty Infra: next possible targetsLooks like Nifty infra has given a buy signal on weekly, will try to breakout 6058 if that breaks out more chances to test the following targets
Target1: 6500
Target2: 7175
Lets see what happens
Nifty Infrastructure - Long Setup, Move is ON...#CNXINFRA trading above Resistance of 6322
Next Resistance is at 8998
Support is at 5312
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Nifty Infra Index - almost breaking outWith the index on the verge of breaking out..
Expect some big moves among the infra company counters..
Watch for them over the next few weeks coz these orders will mean good business after many have already got some good orders over the past month and were sitting on good sized order books..
NIFTY InfraThis has clearly broken out from good consolidation. So expect Infra to outperform also in coming days
Long- Nifty Infra Broadening Wedge FormationNifty Infra:
The Index was consolidating from April' 09 - Feb' 21 within a channel of 2164-3729 as upper and lower bounds respectively. After Feb'21 the index broke out from it's 12 year consolidation and had a steep surge to 5381 levels as 42.54% gain within a year on monthly charts.
Since Janua
NIFTY INFRA INDEX 85-week base breakoutNIFTY INFRA INDEX just made a breakout from its 85-week long base. Its relative performance to NIFTY 500 has been positive since March 2023, and the Moving Averages are aligned to the upside indicating bullish structure. Looks like time to focus on quality infra stocks.
No recommendation. Only per
TRIPLE COMBO: TREND LINE+ 200 SMA + RSINSE:CNXINFRA
Infra index using 200 SMA as a support and taking off from a solid trend line. RSI is rising as well.
Stocks like ACE & LT are gearing up for take-off
Head & Shoulder Pattern in Nifty INFRAHere is H & S Pattern in Nifty Infra Indicies on Daily TF. Wait for Breakout
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
