Top 5 Real Estate Stocks Poised for Growth Ahead of RBI Policy

Nifty Realty Index Gains Amid Positive Market Trend

The NSE Nifty Realty index rose by 0.8% to 958 in intra-day trading on Tuesday, following a positive market trend. In comparison, the Nifty 50 gained 0.5% to 23,480, while the BSE Sensex climbed 0.5% or 400 points to 77,600 levels.

Market Trends and Technical Indicators

With the Union Budget and the upcoming RBI Policy on February 07 (Friday), the Nifty Realty index has surged for seven consecutive trading sessions, recording a 14% gain during this period. Technically, the index has been supported by its 20-MMA (Monthly Moving Average) since May 2023, which currently stands at 888.

Factors Driving Real-Estate Stocks

The surge in real-estate stocks is largely driven by the pro-middle-class Budget 2025, which exempts tax on income up to Rs 12 lakh starting from the financial year 2025-26. Additionally, the market anticipates a 25 basis points rate cut in the upcoming RBI Policy.

Nifty Realty Index: Key Levels

• Current Level: 958
• Upside Potential: 13.4%
• Support: 915; 890
• Resistance: 1,010
• The Nifty Realty index has maintained a bullish trend, trading above its 20-DMA (Daily Moving Average) for three sessions, indicating a buy signal on the super trend line.

DLF

• Current Price: Rs 762
• Upside Potential: 15.9%
• Support: Rs 738; Rs 700
• Resistance: Rs 810; Rs 838
• DLF has gained 11% from its recent low of Rs 691. The stock is approaching resistance at Rs 783; a breakout could push it to Rs 883. Key support levels are Rs 738 and Rs 700.

Godrej Properties

• Current Price: Rs 2,400
• Upside Potential: 12.5%
• Support: Rs 2,305; Rs 2,233
• Resistance: Rs 2,500; Rs 2,627
• Godrej Properties is eyeing a positive breakout above Rs 2,390. If successful, the stock could rise to Rs 2,700, with resistance at Rs 2,500 and Rs 2,627.

Macrotech Developers (Lodha)

• Current Price: Rs 1,278
• Upside Potential: 13.5%
• Support: Rs 1,180
• Resistance: Rs 1,300; Rs 1,370
• Lodha shares have gained 24% from January lows. The stock faces resistance at Rs 1,300; breaking this level could drive it to Rs 1,450.

Oberoi Realty

• Current Price: Rs 1,816
• Upside Potential: 12.9%
• Support: Rs 1,773; Rs 1,707
• Resistance: Rs 1,930
• Oberoi Realty has reclaimed its 200-DMA at Rs 1,773. A consistent trade above Rs 1,930 could lead to gains up to Rs 2,050.

Phoenix Mills

• Current Price: Rs 1,770
• Upside Potential: 14.4%
• Support: Rs 1,722; Rs 1,670; Rs 1,650
• Resistance: Rs 1,865; Rs 1,900
• Phoenix Mills has soared 27.5% from its January low. Holding above Rs 1,650 keeps the stock in an uptrend, with a potential rise to Rs 2,025.