Home First Fin Co Ind Ltd (Weekly Timeframe) - Bearish SignsThe stock has been in an uptrend since Feb 2025 and since last few weeks, it has gone sideways showing some exhaustion. This week, it made an All Time High, breaking a Long-term resistance and Short-term resistance . There may be some profit booking in the coming weeks and may see the stock going down to the levels indicated, if it cannot maintain the upside momentum.
Homefirstfinanace
HOMEFIRST Long Idea .......HOMEFIRST chart shows strength with volumes in last few weeks. Channel breakout will push price higher.
Stoploss and Targets are given in Chart.
Risk Management is important.
NOTE: It is Housing Finance company. Good ROE over the years. Not much affected with NPA's like Micro-Finance companies. Fundamentals good. Portfolio stock. It also needs lower Interest rates to drive growth in company.
HOME FIRST FINANCE - Swing Trade Analysis - 7th June #stocksHOME FIRST FINANCE (1D TF) - Swing Trade Analysis given on 7th June, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer





