aashu24ahuja

CANFINHOMES - Weekly

Long
NSE:CANFINHOME   CANFIN HOMES
  • 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.