Nifty Realty at critical juncture

Apr 5, 2021

Nifty Realty forming head and shoulder on spread chart. Currently at 100 and 600 EMA, breaking which could lead to a greater fall. Keep a close watch on DLF, Godrej Properties, Prestige, Sobha and Sunteck.

Apr 12, 2021

Note

This has moved as envisaged. At critical support of 200 EMA on spread chart. If the down move continues, we can see a massive fall here.