This is follow-up on Nifty Infra. Can check link to related ideas.
Target 1 achieved. Gain of more than 40%. 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....
Nifty InfraGiven BO after 11 Years and can now perform from here tremendously. Keeping watch on stocks of infra it's a multi-year BO and Cup Formation on Weekly and Monthly Pattern returns can be 30 to 50%. Buy and hold stocks
CNXINFRA Breaking Out after 13 years
Chart is self explanatory
#CNXINFRA is breaking out after 13 years. Lets see which infrastructure stocks gives good move. for the duration of 6 to 12 month of time frame.
We have already added few stocks will add some more in coming days
An example of how to plot any stock/index against another stock/index to see if it is strong or weak as compared to the other.
Here, we are comparing Nifty Infra index with Nifty 50 index to see if infra sector is going weak or strong as compared to nifty 50.
As evident from chart, infra sector is showing weakness against Nifty 50.