CAN FIN HOME at 52week high and going up on bigger time frame but there parallel channel too so I'm expecting a small rejection till 816-811 then a buying can come, If goes up & sustains above 824 then 827-830 level can be seen & if crosses that then more 4-5 points up move can be expected.
815 below 15 min candle closes can sell for 808-810 target.
parallel...
Can Fin Homes Ltd. is another interesting chart with following
1. ABCD pattern under formation on weekly chart
2. Narrowing Bollinger Bands on weekly chart
3. Price traded and closed on Upper Bollinger Band on daily chart with huge volume.
4. Next Minor resistance 845-850 zone which is box number also once closed above it, it will form breakout of long...
CANFINHOME has given a trendline breakout on the daily chart. The level of 900, 950, 1000, and 1100 could be achieved in the coming few days. The stop loss can be placed at the low of the current candle (2nd Feb), which is at 799 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial...
CANFINHOME is Retest the support level in Monthly timeframe. And show bullishness in Day pattern. Good place to buy order. We expect this Upside move to 1000.
NSE: CANFINHOME is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12%...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling Channel
📌 Symbol/Asset: CANFINHOME
🔍 Description: Stock is around the support of falling channel. Unless it dont break the support we are bullish.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider...
Here, on the weekly time frame, it looks like we have some continuation pattern in the chart in monthly time frame.
At this stage, we have some good sellers who are holding way for buyers.
Let's see what we have in the future..
Hello Traders,
Sharing this weekly chart of Can fin Homes, there is a 6-year pattern breakout in the stocks,
company is also consistently doing good in fundamentals, also currently trading below industry PE (Price to Earnings Ratio).
SL price- 650 (I suggest an SL below 650 as there is no previous swing below, so an SL little below the breakout level will be...
Canfin Homes
There are only handful of Non Banking Finance Companies with good market capitalization looking good. By rejecting few companies whose negative change in promoter holding in recent quarter and those with high valuations leaves out CANFIN homes which recently had healthy correction and took support of 50% Fib retracement and showing reversal. Trend...
it took resistance on a upward trendline in 2017, then again in 2021 and finally it gave a breakout in 2023. Now it is yet again retesting the breakout with a rangebound price action which has been broken as well. A GREAT BUY SIGNAL.
