This stock is trading with steady volumes on the bourses in all time frames.
Similarly, it shows positive divergence on oscillators.
The 52W H/L is INR 909.80 / 508.55.
It is consistently making Higher Highs and Higher Lows.
It honoured its support level.
LTP on NSE on 08/Feb/2024 was INR 813.30 (with a high of INR 857.80)
Resultantly after all this discussion, I...
Canfinhome
Trendline breakout
Above 776.75
Tgt 780-785-790
Inverse Head & Shoulder pattern
Supporting it
Keeping on radar Canfinhome 800 CE Oct. Series cmp 19
#Canfinhomes's, bullish setup is looking strong as it has formed bullish divergence also. Bullish divergence can been seen as the price has formed Higher Lows and indicators have formed double bottom. #Tradeatyourownrisk.
#CANFIN HOMES... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
My positional view on NSE:CANFINHOME .
Breaks 470 resistance with high volume. My positional target will be 510 and 542.
My stop loss will be 450 only.
Note: This is my personal analysis, only for learning.
1) Break Down at 518 on date 18 Jun
2) Black Lines are Weekly Target and
3) Blue lines are intraday targets
4) 200 EMA Good support
Note : These are only predictions.
Hi All,
Can fin homes looks bullish on the charts.
There is a big bullish candle called marubozu candle which is signaling strength in the stock. Buy the stock at current levels and hold for big long term gains. The levels have been suggested in the charts. Keep stop loss on weekly closing basis.
**Ideas are my own** Invest as per your risk taking appetite**
Intraday Cash Buy CANFINHOME @470.40-472.4 SL 463.5 TGT 486
TK cross over 466 + Resistance break out 462 which will act as support and next resistance is 508 + moving average and oscillator indicates STRONG BUY
* Price Was Trending Downwards And Making Lower Low's .
* Price Made Its 1st Higher Low And Brock Last Lower High . (First Indication )
* RSI Giving Positive Divergence With Price Action .( Second Indication )
* Last Day Candle Was A consolidated Candle . ( Indecisiveness of Buyer And Seller )
# I Am Expecting A Drop Around 290-275 (Fib 0.5-0.618) Zone .
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