Canfinhomeswaiting for this closure on weekly. will be good to enter and then look out for any pattern failure. one can enter now as well, but lets wait for tomorrow.
CANFINHOME trade ideas
canfinhomes ascending triangleThis stock waiting for upside break out. A one hour close above doji high will move the stock up. If Nifty Move upwards this stock also move.
CANFIN HOMES... hitting strong resistance..CANFIN homes is trendling up on a upward trendline.
but is at strong weekly resistance
it has weekly 100 MA and weekly trendline as strong resistances.
any break below the rising trendline can have a serious correction..
avoid longs..
https://in.tradingview.com/chart/E94mtRmW/Can fin home Daily analysis .
Supply zone + Bearish Bat Short @ 370-380 levels
Targets -3566-346-339-330-319-313-305+, CMP 352
Risk Takers can short @ CMP
shortto be shorted once price gets rejected in the red zone or on the break down of pennant/wedge for 313 and more downside
Another good HFCs. Fundamental buy. Modi's Government plan to provide housing to all by 2022 will definitely boost revenue for this stock.
CANFINHOME BUYThis stock is a good buyer long term.
It is done with its down trend and ready for the bullish side. keep a watch
