CANFINHOMES - Weekly

Sep 9, 2021

• Rectangle breakout on the weekly chart.
  
• The breakout is supported by good volumes.
  
• The Momentum indicator MACD turned green on the latest weekly candle (Just for BO confirmation).
  
• Buying can be done at CMP ~ 635
  
• Stop loss would be breakout candle low on daily which is 616
  
• 2017 high is 661, which should be taken out sooner or later.
  
• One can add few quantities now and a few once 2017 high is crossed.