Trade Or Invest Wisely.
We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI registered advisor. Profit is your and loss is your.
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This is weekly timeframe.
Nifty Reality had took support at 0.50 fibo level.
There is high probability that it may test 52 week high in next coming months or may be it can take more than a year.
From current level its more than 28% up.
I will be now closely watching the reality sector's largecap stocks for positional trading opportunities.
We have here back to...
Chart Analysis - As per the time study the market expands and contracts and generally this can be seen in charts through patterns like Ascending Triangle Breakout / Descending Triangle Breakdown / Wedge parttern etc.
But generally the stocks move in ribbon form and through this ribbon wherever we can see two trend lines crossing each other there might be huge...
Analysis of major Indian indices as on Nov 29th. Some of them have tested major support levels today and showing initial sings of reversal. Will need confirmation tomorrow
It has crossed one resistance and consolidating before breaking another. It seems now its times for laggards like realty. Some good rally can be seen in coming days
Nifty Realty : Muhurat Pick
a) Rising Wedge Breakdown
b) Double Bottom Breakout
c) Possible Resistance Breakout
Long above 557 with Support at 530 and 515
#CNXREALTY #nifty50
- Strong weekly closing candle, next resistance 517-520 level
- Either take enter after next resistance break or wait for retest to 450-460 zone
- Realty is booming, buy n dips
#StockMarketindia #investments
