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...
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...
GIC 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.
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...
Note: 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. It's a very bearish signal and it is better to exit the position if you are holding the stocks for the short term.
