50retracement
CANFIN HOMES BUY ABOVE 515, TARGET 580 !! It Breached 3 Yrs Old Trendline !!
May face 514 As Resistance level.
BUY ABOVE 515 !!
POSSIBLE TARGET 580
NOTE: This Analysis Based On 1 Week Timeframe,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
50% retrenchment may be seen now.In some previous trading days exact 50% retrenchment done successfully next shown here.
Falling Wedge Breakout : Bullish Continuation : 1: 4 Risk RewardLong Hindunilvr above 1713
Stop-loss Below 1692.50
Target 1795 ( Target Set as 1: 4 RR )
Other confluence.
1) Price Stopped at 50% Re. of Previous Swing.
2) ABC Correction - zig zag - Price Stopped at 1.272 Extension of Wave C
3) Inverted Head & Shoulder in Lower Time Frame of 60Min.
