Thread by @TechnoFunda6

Thread 🧵Sector Analysis

Covers #TechnicalAnalysis of most #sectors.

Courtesy : @YTA_School

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1⃣ Why Sector Analysis is Must ?

Read these 2 Pages from the Book 📘 "Relative Strength With Technical Analysis by @YTA_School

2⃣ NIFTY MIDCAP 50

Good resistance is seen ~ 8930 - 40 level. A good Cup shape breakout expected soon. Once breakout is done we can expect the midcap index and many midcap stocks joining the rally in couple of weeks

#NiftyMidcap #Midcaps #TechnicalAnalysis

3⃣ NIFTY SMALLCAP 100

With #NIFTY & #BANKNIFTY giving strong breakout & moving up, we see SMALLCAP Index taking support at previous resistance & showing consolidation in small range. On breakout above 9936 we may see fresh highs.

#NiftySmallcap #Smallcaps #TechnicalAnalysis

4⃣ NIFTY AUTO

Nifty Auto is above weekly breakout zone & showing strength with small swing high & trying to hold recent swing low. New life will be seen in #AutoSector once we close above 13280.

Above 12000 we can comfortably stay invested

#CNXAuto #TechnicalAnalysis

5⃣ NIFTY FIANAICAL SERVICES

Strong recovery from support area of ~ 14000.

Ascending Triangle Pattern seen on #Chart. 19300 can act as resistance. Breakout above that can result in strong up move.

#CNXFinance #TechnicalAnalysis

6⃣ NIFTY FMCG

After a strong Cup breakout a small consolidation is seen. Strong stocks from this sector can be added once the sector gives a breakout above 45150 levels.

#NiftyFMCG #TechnicalAnalysis

7⃣ NIFTY IT

NIFTY IT fell 30% + from the top.

Index has taken support around previous resistance zone. Double Bottom breakout done. Sector can see good upmove.

One must find good strong stocks from IT Sector and Invest for next rally.

#NiftyIT #TechnicalAnalysis

8⃣ NIFTY MEDIA

Sector is moving higher taking strong support at rising trendline. May face resistance around 2500 levels.

Will only enter strong sectors in this sector only after a breakout above 2500 happens.

#NiftyMedia #TechnicalAnalysis

9⃣ NIFTY METAL

A beautiful Cup & Handle breakout on weekly time frame. Look for RS Strong and Momentum Stocks from this sector.

Breakout above 6755 can take this sector to new highs.

#NiftyMetal #TechnicalAnalysis

🔟 NIFTY PHARMA

Sector looks under pressure. Wait till a clear breakout is seen above resistance of 14860.

I would lookout for strong stocks but wont invest currently as will wait for clear technical indication before entry.

#NiftyPharma #TechnicalAnalysis

1⃣1⃣ NIFTY PSU BANK

Index was in strong uptrend. Currently looking to reach at mid-term turbulence ~ 4100 levels.

Once sector breaks above resistance level of 4200, bulls will be back.

Stay invested in the sector. Can test previous highs.

#NiftyPSUBanks #TechnicalAnalysis

1⃣2⃣ NIFTY PVT BANKS

A fresh breakout is seen in the sector. Concentrate only on strong stocks in the sector.

A strong BANKNIFTY and a fresh breakout in private banking sector clearly indicates that bulls are very confident about the sector.

#NiftyPVTBanks #TechnicalAnalysis

1⃣3⃣ NIFTY REALTY

Sector is in pressure. Strong Resistance zone around 550 - 600. Until that level is broken the sector will not be lucrative .

A strong rounding bottom formation can also be seen, but one must wait for a clear breakout.

#NiftyReality #TechnicalAnalysis

1⃣4⃣ NIFTY HEALTHCARE

A new immerging sector. After long term downtrend, trendline breakout & retest can be seen.

Above 8300 levels, we can see a strong move upside in coming months. Sector has potential for strong bull run in near future.

#NiftyHealthcare #TechnicalAnalysis

1⃣5⃣ NIFTY OIL AND GAS

One must keep an eye on this sector. ATH breakout around 8425 can be a new beginning for some thing really amazing that one can invest into.

Be ready with a watchlist of strong stocks from this sector

#NiftyOilandGas #TechnicalAnalysis

1⃣6⃣ NIFTY PSE

Sector is looking really promising. Almost 5 tops reversal seen. Consolidation near resistance looking promising. More the level is tested, the weaker it gets.

If resistance of ~ 4440 is broken we get multi year breakout.

#NiftyPSE #TechnicalAnalysis

1⃣7⃣ NIFTY ENERGY

After amazing bull run, sector seem to have got tired for sometime, but has lot lost its charm. Wait for breakout of trend line and close above 28305. Be ready with good & strong stocks to again see a strong rally in the sector.

#NiftyEnergy #TechnicalAnalysis

1⃣8⃣ NIFTY CONSUMPTION

Sector had a great rally. After pull back breakout, it has gone under consolidation. Sector is seen taking support at previous resistance.

On breakout above 8134 we could witness another bull run in the sector.

#NiftyConsumption #TechnicalAnalysis

1⃣9⃣ NIFTY COMMODITY

Sector is in consolidation for very long time. Generally this can be STAGE 3

A breakdown below 4840 will indicate entry into Stage 4. A breakout above 6350 will indicate new bull rally of Stage 2

Better to Wait & Watch

#NiftyConsumption #TechnicalAnalysis

2⃣0⃣

Disclaimer: This is not recommendation on #Sector. Just a case study for educational purpose!

Our team members may be personally invested in stocks of these sectors hence their opinion may be biased.

Consult Financial Advisor before Investing!

#StockMarketIndia #Trading