Sector Rotation / Opportunity

its good if you mention name of companies

sure… first of all …heartiest welcome to this gp. can u pls tell me which names? The charts i posted are of the few industries in which bunch of companies of that particular industry are there.

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water index,transmission index and pre-engineered index

CNXPHARMA : the sector in 1 hour has have a breakout and looks like holding the previous resistance , if support found , can be a good opportunity in couple of stocks in the sector .

l

couple of stcks looking good

no buy sell advice here

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NIFTY

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How do u look for sector rotation?

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I scan every weekend
once on monthly and weekly time frame when trend changes , I exit //
and same way i look for new monthly and weekly trending up and find stocks in that sector

so sector changes happens once in three months or 3-4 times in a year depending on market situation and sector movement

Hope that helps

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lower Time frame
pharma on some strong move after small consolidation

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CNX IT : looking still holding on to the strength
letz wait and watch .

CNX PHARMA : its in consolidation , and there is an Engulfing candle at the support .

but it make sense only if the market is strong and moving in strong movement.

NIFTY : is at the trendline support , and a support area .
its the time one has to wait for the markets to decide , to make it or break it.

we made the levels , there is nothing we can do about it , its the market to take support and move back in the trend or breakout downside and we are out of trend for some time

Thank you

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