***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
As The Realstate Sector Is Super Bullish In The Flow This Stock Is On The Verge Of Giving Breakout And Can Expect Around 8% In Short Term.
If It Breaks The Level Mentioned And Sustains Above On 1d Timeframe Can Be A Entry Point.
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Good time to accquire chart looks great
Has a good breakout with good volumes and stock close above 50EMA.
short term gain can be 10-15%
Company is fundamentally strong- 19000cr properties in major cities.
market cap-4000 cr
has great potential for can 2x from if kept a long perspective of 1-2 years.
The stock price has broken out its previous swing high and also the falling trendline with higher volumes. This is a bullish sign.
Currently, the price is trading at the supply zone. Breaking this price could give us a rise to 150 or more. But book your profits at 150 and wait for the price action to re-enter again.
The two long scenarios and their stop loss...