Stock Analysis of Canfin HomePrice - ₹454.80 Dt. - 04-11-2020
Price tends to take the support of 21DEMA and today the stock touched the 21DEMA and started moving up. Stock can start moving upward and can go up to the resistance line which is placed at ₹479.45 giving a nice 5% profit. RSI is neutral.
CANFINHOME trade ideas
Synergistic Pattern: Advance (W+ Flag) + Advance MA (200+300) Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
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Entry: 380
SL: 365
Target: 430
RR: 3.33
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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One Right Trade's Swing Trade Idea #59 : Buy on CANFINHOMEPlease do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
Analysis of CAN FIN House
CAN FIN HOME–CMP - ₹370.10 Time–12:26, Dt.–21-07-2020
The price is taking the support of the trend line once again. From last few trading sessions, the stock was in and out of trend line but yesterday the stock made evening star pattern and today the stock is above the trend line. The price will face resistance at ₹376.
Synergistic Pattern: Double bottom + Trend-line + Consolidation Levels are mentioned on chart.
Please like & share this pattern. Comment with what do you think.
Follow me @ tradingview for more updates!!!
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar
PhD in Technology
Disclaimer
---------------------------------------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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