Nifty Infra index positive Breakout Nifty infra index gives positive response in current market conditions.
CNXINFRA trade ideas
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 !
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
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.
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.
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 January 2022, the index has been forming a Broadening Wedge Pattern in an uptrend and is near its crucial resistance of 5173 where it has faced some supply pressure.
The readings from indicators and Trendline support and resistance levels shows that index may breakout from from the upper bound of 5100 on trendline where it has faced selling pressures since 8 months now and the rally may take this index to 6046 levels within a year with a 20+% gain. The trend looks strong but keeping in mind any headwinds if supply side pressure continues in next month the index will again return to it's movement in the broadening wedge with 4200-5100 as upper and lower bounds respectively.
//For Research and Educational Purpose only
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 personal analysis.
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
NIFTYINFRA | LIFE HIGH BO after 65Week Consolidation |30% UpsideNSE:CNXINFRA
BOX Consolidation of 65 Weeks and LIFETIME HIGH BO with Volume
CMP trading above all major Weekly Exponential Moving Avgs
RSI in Bullish Zone
Tgt: 5900 - 6200 - 6800
SL : 4900
Upside Potential : 30%
Time Frame : 3 - 12 Months
NIFTY INFRA FORMING A BULLISH SETUP NSE:CNXINFRA Forming a BULLISH SETUP One Can Take Position Either In The INFRA BEES or In Its Heavy WEIGHT STOCKS
Swing Traders Be aware for longsSwing Traders Be aware for longs just because the market sentiments are being bearish for the shorter term much explained in above video.
CNX Infra - 5% rise and then doom!CNX Infra NSE:CNXINFRA
Infra Stox are some of the most volatile bunch. To be tracked and traded individually, roughly, we may expect 5-10% upside from current levels and then doom!
All PA logic and levels are on the chart.
CNX Infra : Showing Fatigue CNX Infra is showing fatigue on a weekly chart with a massive downside. Pay attention to its components. Counters within are subject to sell on rising, rather than buy on dips.
#DLF
#Godrejproperties
#Obroirealities
CNX Infra has more pain to come!CNX Infra
1. Long term Support Broken
2. Mirror move downside by 4-5% (Minimum) expected.
3. Mirror move expresses an extension as well.
Breakout in Nifty Infra after more then 13 years.Chart is self explanatory. Targets and Stop Loss are mentioned on the chart.
Target 1 achieved in Nifty Infra. Gain of 40% Target 2 is ON.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. Please consult your financial advisor before taking any trade.
#CNXINFRA Trendline support on weekly time frame. Bullish on real estate. #OberoiReality
#IndiabullsRealestate
INFRA SECTOR Ready for a BULL run after 14 years!INFRA SECTOR STARING AT A MULTI-YEAR BREAKOUT!
This is a good time to invest.
Reasons :
1. Multi-Year Breakout
2. Head and Shoulder Pattern
3. Rent Culture taking over India ?
NIFTY INFRA INDEX SHORTNifty Infra Index has made a double top on daily timeframe we would see a drop in Infra sector since then.
