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GIC HSG FIN TRADING IDEA

NSE:GICHSGFIN   GIC HOUSING FINANC
GIC HOUSINF FINANCE, A COMPANY FROM NBFC SECTOR RECENTLY TOUCHED 52-WEEK HIGH OF 153.90.THEN SHOWED CORRECTIVE MOVE OF 10% DOWN TO 139.05. NOW FORMING A STRONG BULLISH CANDLE ON 4H TIMEFRAME. TRADING IDEA IS TO BUY IF CURRENT 4H CANDLE CLOSE AS STRONG BULLISH CANDLE AND VERY NEXT CANDLE BREAKING HIGH OF PREVIOUS CANDLE FOR THE EXPECTED TARGET OF 153-154. CONSERVATIVE STOPLOSS FOR THIS TRADE IS 133. AGRESSIVE EXIT WILL BE ONCE STOCK START TRADING BELOW 139.

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