CANFINHOMME Finance broke out of multiyear range and seems strong for a good upmove
Trade active
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TRADE: Entered half risky quantity @780 SL 700
REASON TO TRADE: IT broke out from a multiyear consolidation from June 2016 to June 2023 price range of 220-720 indicating strong demand and momentum for the same.
DEFINED SL @ 690 on a Daily Closing basis.
Comment
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TRADE: Added balance with same quantity @ 735
REASON TO TRADE: As it took multi supports at 700 and move up again have added same quantity as first entry bring the average cost lower as the buyers are defending their position and absorbing the supply.