Today the break out came and now the index looks like this.

Now compare how the defence index looked like 15 days ago with this chart, This is the Railways Custom Index, how it looks today.

Same tight consolidation, but trend line break out is pending. in Defence index the trend line break out had happened.

I feel Railways will again take some time in consolidation and give a decent break out following the Defence Sector style.

But for people thinking which Railways stock to enter. IRCON? IRFC? IRCTC? TITAGARH? RVNL?

I feel rather than make individual positions since some consolidation is still pending it would be best to start SIPing in the Railway ETF GROWWRAIL

I had suggested the same in March in @chartopiadiscussion: HERE

It has moved 10 15 % since then but still its not too late, I Feel it has not even begun.

Analysis like these dont just pop up in Screeners and websites.

One has to remain familiar and constantly keep a check on sectoral indices and stocks.

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Good morning 😁

It Seems, it has begun. 🇮🇳

Nifty deciding zone

Update

A decent Long term pick

BOSCH

30.04.2025

CMP 29410/-

#Investment

Back to pavillion and in Range.

Tomorrow is market holiday for Maharashtra Day!

Please be cautious with carryforward positions.

Will it survive?

Same range as of now.

Just as expected. no survival

Avg Closing took the price back in range.

Which is the reason i warned not to do any carry forward trades.