CANFIN HOMESCANFIN HOMES Break Major Resistance & Also Make Good Pullback & Now Accumulating & Ready for Further Breakout
Canfin
CANFIN HOMES Weekly Trade Opportunity; Parallel Channel setupCan Fin Homes is building a beautiful parallel channel . This channel begins from Fall of 2020, and builds up till date. The stock has given respect to both bands of this channel and continues its journey. Currently the stock is trading near its all time highs of 2017, which it did broke a few weeks back, but faced a strong resistance and retraced. This week can help the stock with its momentum and help it close above this resistance zone . Personally Bullish on this stock.
** I am not a SEBI Registered Advisor. Kindly consult your advisor before taking trade.**
Trading Tip: Construct a bullish pennant on 15min chart, it is clearly visible. You can observe that there is a breakout in this TF accompanied with strong volumes. It surely builds a great short term opportunity for the stock!
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can fin homes momentum pick buy for 596CAN FIN HOMES a momentum pick with SL 523.
target in 15 days.
CANFIN HOMES - SWING TRADE IDEACAN FIN HOMES has given breakout on daily chart with really good volumes, we can upside momentum in upcoming days
canfinhome -Day trade Using PFE momentum Indicator1, PFE indicator showing weakness on 15 minute chart.
2. downside it can give good movement.
3.According to PFE weakness may increase.
CANFINHOME short setup using dynamic Trishul (Bollinger Bands)Mahashivaratri special CANFINHOME short setup using dynamic Trishul (Bollinger Bands)
Short CANFINHOME below 488
T1: 483.5
T2: 478
T3: 470
SL: 495
Canfin- Started RetracingStock is having a dream run since last 3 years.
A retracement is due before the uptrend resumes.
movement of this week shows its already started retracing
one can go short at CMP 2960 with SL above recent swing high 3150 with a target of retest to recent major swing low 2530 and later on 2450.
Why I choose Heikin Ashi Over Regular candlestick Part 1Did you get confused in candlestick charts because of Gap Ups/Gap Downs, Single candlestick pattern, Multiple candlestick pattern Noise in candlestick. So here is the solution for these problems Heikin Ashi Candlestick. As regular candlestick, it is also from Japan. Japanese meaning for Heikin = Average and Ashi = Speed Its showing market direction. Heikin Ashi is candlestick but it is Averaged candlestick or Modified candlestick and it's does not have absolute value.
Sometimes it is difficult to read/analysis chart because of Gap Up/Gap Down and as a result of the indicators also give a false signal for buy and sell. False signal because maximum indicator calculations based on closing price. But in Heikin Ashi closing price in an average of current price of Close, High, Low and Open. Now let’s concentrate on how Heikin Ashi formed.
Heikin Ashi Formation –
First, we will see how to find the closing price of Heikin Ashi.
1. Heikin Ashi close is an average of Open, High Low and Close of the current period.
Heikin Ashi Close = / 4
2. Heikin Ashi Open is Midpoint of Open and Close of the prior Heikin Ashi candle
3. Heikin Ashi High is the Maximum value of current normal candles High.
4. Heikin Ashi Low is the current lowest value of current normal candles Low.
Now one of the most important thing which will be a little bit confusing how to calculate the value of close before we calculate next candle. Here the first calculation of close is done by using the current price of high, low, open and close. Now there are few interpretation we have to understand, if we understand this interpretation it will be very easy to identify the trend and how to take a position.
CANFIN HOMES
All Housing Finance Company gave dream run, it will correct little before resuming further move
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.
