Nifty Realty Correction or Buying Opportunity - 22.03.2025
Nifty Realty Correction or Buying Opportunity - 22.03.2025
Nifty Realty Correction or Buying Opportunity - 22.03.2025
Nifty Realty Correction or Buying Opportunity - 22.03.2025
K Karthik Raja (Market Educator & Technical Analyst)
MCA | MBA | M.Com | MSc Psychology | PGJMC | CST | MDAT | CFA Pursuant Key Factors Affecting & Reasons
* Interest rate movements impacting real estate demand
* Policy reforms and infrastructure growth supporting the sector
* Strong housing demand but high valuations causing corrections
Key Watch
* Support: 695 | 633 – Crucial levels for a bounce
* Resistance: 1000 – Breakout above this level can fuel a rally
* RSI at 42.77 – Near oversold, potential reversal?
Volume Analysis
* Recent volume at 76.94M – Moderate buying interest
* Watch for volume spikes near support zones
Dow Theory Chart Analysis & Observations
* Long-term uptrend intact, but short-term correction in play
* Higher highs and higher lows confirm bullish structure
* Holding above 695 is key for continued momentum
Stocks to Watch
* DLF
* Godrej Properties
* Macrotech Developers (Lodha)
* Phoenix Mills
Market Insights
Short-Term View: Consolidation; need a breakout for upside confirmation
Long-Term View: Structural bull run in place; dips may be buying opportunities
Disclaimer : This analysis is for educational and informational purposes only. It does not constitute financial advice. Please conduct your own research before making investment decisions.
Online Stock Market Traning : Whatsapp : 9841986753
One to One Share Market Training : Whatsapp : 9841986753
RUPEEDESK SHARES
Rupeedesk Shares| Share Market Training | Intraday Training | Wealth creation
Stock Market Training for beginners,Technical Analysis on Equity,Commodity,Forex Market,Learn Indian Equity Share Market Share Market Trading Basics: Fundamentals Of Share Market Trading training, Stock Market Basics - Share Market Trading Basics,Share Market Trading Questions/Answers/Faq about Share Market derivatives,rupeedesk,learn and earn share Equity,Commodity and currency market traded in NSE,MCX,NCDEX And MCXSX- Rupeedesk.Contact: 9094047040/9841986753/ 044-24333577, www.rupeedesk.in)
No comments:
Post a Comment