AADHAR HOUSING potential breakout - Prior buying force.
- Tight price action.
- Near base high.
- Volume contraction.
- Low risk entry.
- Strong sector (housing finance)
- High relative strength.
Housingfinance
Housing prices yet to adjust to reality of high interest ratesHousing prices yet to adjust to reality of high interest rates
Housing prices can be sticky and take multi-years to adjust
If the interest rates persist for few years, we can see the downward pressure for next few year
Just to be clear this is a multi year cycle.
