Next 3-5 years will be lead by API industry One can add at every dip for 12 to 18 months. Short term immediate target is 170
Reason- Price entered in demand zone Harmonic pattern
looking good for short term as well long term Currently in Monthly and daily demand zone Golden cross over formed Highest market cap in education sector PE ration 7 Vs industry PE 13 Undervalued Share book value 15 undervalued Invest only that much which you can afford to loose
Reason to buy- Golden cross over formed Harmonic pattern Demand zone
Current resistance level has been tested multiple times.
Duration-10-30 days
very good setup Positive Hammer Golden crossover Trend line Harmonic pattern Higher highs formation
Reason- -Golden crossover -Demand zone -
Almost all the sectors have recovered post march downfall but nifty realty yet to recover. This sector started reacting from a very strong buying zone, some of the stockes like Prestige, Sobha, DLF started showing upmove. keep an eye on realty stocks for good returns in coming days. Below are the realty stocks with their weightage- DLF 26.50 Godrej Properties Ltd....
Price entered in weekly time frame Demand zone Also EMA 20 support is there
Keep strict SL of 199 This is just for educational purpose.
Hit like if you are agree or comment your view point.
Add on every dip, we can see Rs 90 level in coming days. Hit like if you agree or comment your view on the same.
Daily demand zone coinciding in monthly demand zone plus EMA20 support.