In these kind of stocks, ATH Breakout is usually the best entry.
Don't try bottom fishing and value buying as time correction can take away a lot of opportunity cost.
Just let it give a monthly or weekly close above ATH.
ABBOTINDIA
— Saket Reddy (@saketreddy) May 8, 2021
A breakout in the offing? pic.twitter.com/rnpcsQ616a
More from Saket Reddy
Everything housing is moving now, previously it was mainly the ancillary plays like Pipes, Ceramics, Adhesives and Cement. Now we have the home builders, CGD's, HFC's, MDF, Laminates, Sinks, etc..
The Home Building Theme has just broadened itself and is moving in top gear!
The Home Building Theme has just broadened itself and is moving in top gear!
The best ways to play the real estate revival theme instead of buying the home builders :-
— Saket Reddy (@saketreddy) November 21, 2020
1. Ceramics (CERA, KAJARIA)
2. Pipes (ASTRAL, SUPREME, APLAPOLLO)
3. Paints (ASIAN, BERGER)
4. Cement (JKCEM, SHREEC)
5. Construction Chemicals (PIDILITE)
6. Electricals (POLYCAB, HAVELLS)
KPRMILL
Double Top Buy triggered above 459.17 (2295 Pre Split) daily close on 1% Box Size chart. https://t.co/0jUBx6hKMI
Double Top Buy triggered above 459.17 (2295 Pre Split) daily close on 1% Box Size chart. https://t.co/0jUBx6hKMI

KPRMILL
— Saket Reddy (@saketreddy) September 3, 2021
Double Top Buy & T20 Pattern - Bullish above 2051.18 daily close on 3% Box Size chart. https://t.co/bJgLA1BGuv pic.twitter.com/xpTKy6vnBT