MarketsWithKR

Nifty Realty—the next breakout candidate? (Top stocks analysis)

Long
NSE:CNXREALTY   Nifty Realty Index
Looking at the sectoral charts on the monthly timeframe highlighted to me how CNXREALTY was one of the only sectors that hadn't broken out yet or weren't hanging in the air.

Sure, it's still testing the highs, but I felt I'd look at a few major Realty stocks just to see how they're placed on the M charts.

Snapshots of the charts can be found in the comments as I don't have enough reputation in the Indian locale to share them in the description yet.

What do you feel? Could Realty be the next big bet?

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