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chanakyak
Jan 1, 2018 6:09 PM

CANFINHOME Medium term positional Call Long

CANFIN HOMESNSE

Description

Can Fin Homes Limited Trading technical call for Medium Term

CMP: 477, Closing basis stop loss CBSL: 429, Targets 510 520 530

Technicals:

* Fibonacci retracement
* Pull back trading
* Consolidation Breakout
* Good volumes
* Trend line Breakout
Comments
abalamurugan
Nice. Thanks. But, another point of view, its running 5th wave from the HIGH of 21/12/2017, the 5th(pullback) wave of length 100 may take the price to 413., and which is also 61.8 retracement of master BULL wave 3 which you have drawn in this idea. If i were as an investor, i will buy right now regardless of price, as its a quality stock. If i were as a short term trader, i would buy at 415 for the target of 600+. Entering partially now and if touches 415, buy the balance could also be an idea. All is just IMHO. All the best to you.
chanakyak
@abalamurugan, Nice thanks, Good insights provided, Yes an investor, it a gud company for long-term
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