CANFINHOME 1D TF Ascending Channel Price volume breakout might yield 600+
Dips expected within the channel
CANFINHOME trade ideas
CANFINHOME | Looks bullish for 25% from here stillCANFINHOME | Looks bullish for 25% from here still
CMP : 540 (Dip 520, 480)
SL : 455
Target : 650
1:6+ risk reward from dip
Can buy 50% now, 30% at 520 if we are lucky and get 480 buy remaining 20% there
Watchout for Resistance breakoutThe stock gave a trendline BO and looks good above 513.1 level for a target of 528
CanFin Homes -Bounce from supportCanFin Homes:
Good Bounce from support region
Long above 494 with SL 489.5
CanFin Homes ViewCanFin Homes:
At Strong Resistance (R) & Rising Wedge (RW)
If Sustains 520-530 then Strong upmove possible
CANFINHOMEStocks is consolidating for last 4 weeks near breakout zone. It has also give one shakeout. Further long term down trending line is near verge of breaking. It may be bought at 515 with SL of 484
CANFIN HOMES BUY ABOVE 515, TARGET 580 !! It Breached 3 Yrs Old Trendline !!
May face 514 As Resistance level.
BUY ABOVE 515 !!
POSSIBLE TARGET 580
NOTE: This Analysis Based On 1 Week Timeframe,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
CANFINHOME Looking good for long (upcoming week)Must have CANFINHOME in watchlist for upcoming week as it bounced back making Multiple attempts to break resistance zone.
Looking good for Long entry if it give resistance breakout above 495 Level
For Safe entry above 500 (round level)
View negates below 474 Level
CANFINHOMES longterm trendline breakout near!Canfin homes is about to breakout! Buy above 505 if closed with strong bullish candle and good volumes.
CANFINHOME | Small swing trade for 5%CANFINHOME | Small swing trade for 5%
CMP : 466
SL : 456
Target : 488
1 : 2.5+ risk reward setup.
CANFINHOME // Swing Call Daily Charts // For Wed 16th Sep 2020Call for Wednesday 16th of September 2020 // This is a swing trade call and not an intra-day trade //
NSE:CANFINHOME
CMP / LTP: 434.3
IDEAL BUYING RANGE*: 415-450
TARGET: 520+ (20% Min)
STOP LOSS: 390 (10-12 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects after my buy call. If u don't want an aggressive trade, you can wait.
- Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades, but if SL / Target are not triggered and you still wish to hold the trade, this can be
done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)t for a "possible" (not
guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5% range). This way
the Risk Reward can be improved and profit can be maximized.
- This is a swing trade call and not an intra-day trade
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks
LONG @ 372 CURRENT PRICE DATE 31 AUG 2020Stock is trading in a channel. 80 % Up move is seen .target of 487 can be achieved unto 26 October.
