boughtBought at 166 stop loss 157 closing target 200 and 225.
Disc : It's not an investment advise to buy or sell.
GICHSGFIN
gichsgfin Break of strong trendline1.Break of trendline
2.Formation of cup in 1day timeframe
3.Volume is good
#BTST #long #gichsgfin
Breakout in GIC Housing Finance Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GICHSGFIN - Ichimoku Bullish Breakout Stock Name - Gic Housing Finance Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 147.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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GIC Housing Finance - Huge TargetsGIC Housing Fin - looking really good.
Has reversed from the trendline and showing good strength.
Can be invested above 163 for targets of 255-265 in near term.
Future Targets are huge once 265 range is broken.
The script has been operating in range since 2004.
Disclaimer: Not a Recommendation. Pls invest at your own risk.
Swing buy above 196 for 216Buy GIC Housing finance at 196.10
target 216
Disclaimer: This is just for educational purpose. Please consult your financial advisor before investing.
GICHSGFIN Bullish above 200 Watch GICHSGFIN above 200 (also a psychological level) can move well :)
Also supported by volume .
CUP & HANDLE PATTERN BREAKOUT 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
watch for resistance breakoutIf it breaks and sustains above 122 than we may see target of 130 and 140
GIC Housing Finance - Build up near resistanceNote: This is for educational purpose only.
There seems to be a build up near resistance supported with buying volumes/ buying pressure. Moreover, RSI above 60 indicates bullish momentum.
Slanting Head & Shoulders in GICHSGFIN. Very Bearish.Slanting Head & Shoulders in GICHSGFIN. It's a very bearish signal and it is better to exit the position if you are holding the stocks for the short term.
GIC Housing - Technically good for bounceGIC Housing finance looking good technically and might bounce back from 350-355 if any further fall.
GIC Housing - Possible change in medium term trendLook for buying GIC housing, breaking out, indicating reversal in medium term trend.
