Sagar Nandi
India Insight: 17th Jan 2018.

CUE Edge Analysis: Real Estate Operations, One of the best performers for last 12 Months, is decelerating, seen from magenta color Pace Score.

Industry Strength Score over 5, 2, 1 days have also started to turn Bearish (magenta).

CUE Vital Analysis: Drilling down from Industry, there are many Overvalued Stocks in this Industry. Brigade Enterprises (BRIG.NS) is one of them. The Valuation Scores in magenta shows the Stock is Overvalued. Only 5% below 52 Week High. Stock went up by almost 100% in last 12 months.

CUE Charts: The Stock is underperforming India Broad Market, seen from Relative Performance tilting down. As of 17th Jan, Midday, IST, the Stock is Bearish in both Weekly and Daily. In Daily Brigade Enterprises has broken below Triangle Formation. Traffic Light Candle color is red, Bearish. In Weekly, Backdrop Candle color is magenta, Bearish.

Long holders may be cautious in this as well as other weak fundamental Real Estate Stocks in India.


BRIG Edge 2018-01-17_1-18-40.jpg  BRIG Vital 2018-01-17_1-28-27.jpg  BRIG AAG 2018-01-17_1-25-20.jpg 
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