growmoregroup

CUP & HANDLE PATTERN BREAKOUT

Long
NSE:GICHSGFIN   GIC HOUSING FINANC
GIC HOUSING FINANCE CHART LOOKS GOOD..
IT'S CUP & HANDLE PATTERN BREAKOUT..
GOOD TO BUY AT THESE LEVEL..

PROS : -

Stock is trading at 0.60 times its book value
Company has been maintaining a healthy dividend payout of 18.43%.

OPPORTUNITIES : -

Positive Breakout Third Resistance ( LTP > R3)
Highest Recovery from 52 Week Low
Decrease in Provision in recent results
RSI indicating price strength
High Volume , High Gain


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