Repco home fin looks good to BuyRepco home fin had broken the triangle pattern with huge volumes. Good time to buy with those
Repco
REPCO HOME - Price Volume BreakoutRepco Home : NSE:REPCOHOME
Pattern : Volume & Price Breakout on Daily Charts
The Market for Repco Home has been consolidation on Upper limits since last few days which has taken a massive breakout today on Daily Charts. It has potential to extend this upside up to the levels of 180 in coming sessions. Below 137 upward trend may neutralize again .
Fundamentals: Company is profitable and it has corrected in price from the levels of 900 in FY 2017.
Do Comment , share and "LIKE" if you find this info valuable to use . Believe me it takes lot of time to visualize the market before the opening bell :)
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
REPCOHOME - Ascending Triangle Breakout (Weekly)Note: This is for educational purpose only.
There seems to be a bullish triangle breakout in weekly TF (timeframe) with Ultra high volume. Moreover, there seems to be a breakout in RSI as well. RSI above 60 indicates bullish momentum.
MOMENTUM TRADE IN REPCO HOME FIN MOMENTUM TRADE IN REPCO HOME FIN
VIEW:-
BEARISH TRENDLINE WAS BROKEN ON DAILY AND WEEKLY CHART
MACD POSITIVE CROSSOVER
50-DMA CROSSOVER
TRADE IN SPOT
BUY@307
STOP@297
TARGET@325
QTY:PER YOUR CHOICE
Buy Repco HomeKeep accumulating till 520
First target 625
Above 625 TP=700-755
If scenarios are extremely and 755 crossed, longterm TP=950
