CANFINHOME trade ideas
CANFIN HOMES ANALYSIS!!! will the bull run start from here??Bearish flag pattern is formed in CANFINHOME on daily time frame
there is support level of 540 in the stock from it can retest and bounce back
You can also see from the chart there is a support of 200 ema.. it is likely to take support of 540 and bounce back If not it may break the flag pattern and move downwards below 530
one can initiate their positions based on the pattern BUY this script if it retest at 540 and SELL if it goes below 540
#CANFINHOME - breaking out post major correction & consolidation#CANFINHOME - having seen some major correction along with some long consolidation, seems breaking out of its consolidation range, ready for some potential upward moves. All levels given below and on chart as well:
Enter @ CMP 544
SL @ 490
Targets 590 and 610
Breakdown in Can Fin Homes...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.