#CNXREALTYRealty on the move and No-O
Long tails ensures the buying happening and now reaches the shunted candles.
TinyIC range sets the tone further
CNXREALTY trade ideas
Inflection PointYou know about inflection points. When many technical parameter formed at a point A strong technical level formed by several Trend lines, Moving Averages , Candlestick Pattern & Price Action Support . called inflection point .
In this sector all parameters formed at a point such as rising trendlines , support , candlestick pattern & MA .
REALTY UPMOVE Bacche ki taraf se ek chota sa analysis, kal shayad Realty sector upmove maar sakta hai, thankyou
NIFTY REALTY SECTOR BULLISH Realty sector Getting ready for Upmove after a strong Breakout !!
Focus on #Prestige #Phoenix #SunteckReality #oberoi #dlf #Brigade and many more
What are Relative Strength charts & how to use them!This is a quick guide into using relative strength charts (or RS charts) that will help you pick stocks that are stronger than the broad market or identify sectors/industries that might outperform the broadmarket.
REALTYSame like infra, realty also not going down and showing strength. It may also join infra space in next market rally. Find your stock keep list ready and buy on proper dip
Is REALTY sector ready for big bullish fly 🤔Realty sector breakout after 10+ years.
After breakout of trendline it may fly high like phrama and metal sector.
Sharing personal observation do investment after consulting your financial advisor.
Please like & comment to motivate.
Happy investing :)
Reality Sector Index shows bullish reverse divergenceReality Sector Index shows bullish momentum reverse divergence which could mean further upmove.it was consolidating after an earlier breakout from a rounding pattern.All timeframes have bullish momentum and trend. #dlf seems to be breaking out. godrej properties on verge of one.
Nifty RealtySo what I think is that we have completed Wave 4 correction and might be heading 5th wave rally. Before we discuss Wave 5 TGTs let us do some Fibo exercise and figure the Fibo relationship among the labelling. Fibo relations are excellent among the labelling which gives us a hint that Wave 5 may materialize. Minimum expectation is around 375 and if it gets extended we may even see 400+. If it breaches 298 the structure will be invalidated.
Nifty Real Estate Index: 10 Year Breakout on CardsNifty Real Estate in breaking out of a 10 Year Consolidation. It will be a sector to watch in the time to come
Nifty Realty Index Bullish.NSE:CNXREALTY
Nifty Realty Index extremely bullish.
Breakout and beautiful retest.
Inverse Head and Shoulder Pattern.
Double Bottom Pattern.
I would appreciate your thoughts on it.
PS. - I am not SEBI registered. This is for analysis and educational purpose only.
Realty index breaking out of 10 years rangecan look at individual stocks if index sustains at this level. For educational purpose only.
Realty Index: On the Verge of a 11 Year BreakoutWatch out for big moves in this space in the days to come
NIFTY REALTY.. means realty sector ready to fly..realty sector may start flying now..
So, my focus on realty
CNXREALTY (NiftyRealty) BREAKOUT 1W TF- The stocks in the real estate sector will be in the spotlight in the coming days due to a strong breakout on the WEEKLY chart.
- Keep them on your radar.
CNX Realty - Breaking Out after a DecadeThe CNX Realty Index was created in January 2007. The index began with a base level of 1000 and made a quick high of 1878.45 in January 2008 at the peak of the 2003-2008 bull market.
The great crash followed and the CNX Realty Index collapsed to 161 (-90 pct ) by March 2009. This was followed by a strong 6 month long pullback rally where CNX Realty peaked at 630 odd levels in October 2009. After this short lived pullback, CNX Realty entered a long term bear market and made fresh lows in 2013 and 2016.
The CNX Realty Index has spent the last 10 years (2011-2021) in a range between 140-370. The index is now poised to break out of its decade-long consolidation to the upside.
The CNX Realty Index made a 10 year closing high in February 2021 (349.8) but it has struggled at the historical resistance zone of 365-370. This week, CNX Realty closed above 366 for the first time since January 2018.
Once this level is taken out on a monthly basis, CNX Realty should move significantly higher in the medium to long term.
Support/ Stop loss : The 6 month low of 298 is an excellent stop loss for this trade
Targets : Since this is a breakout after a decade long consolidation, we can expect significantly higher levels for CNX Realty in the months and years ahead. A simple Fib retracement, gives us a target of 539 (23.6 pct ) which coincides with the MAY 2011 high of 534.. making 534-538 our primary target.
The May 2008 monthly gap at 978 which coincides with the 50% Fibonacci retracement level of 1002 would make a possible long term target.
PS: I have used the monthly chart to describe what is for now a weekly breakout. This is an investment call not a trade and can take more than a few years but it has an excellent Risk-Return spectrum. Also, the CNX Realty is not a traded instrument (no ETFs either), so one can check the components/weights from the NSE website and trade/invest accordingly.
Reality sector moving in a patternReality sector moving in a pattern is about to break from the pattern
