CANFINHOME trade ideas
Higher High Higher Low Formation. Strong CandleStock was in correction mode. But in lower timeframe, the stock has formed HH HL structure and given a good close. Can be a good entry trigger
CANFIN HOMES Weekly Trade Opportunity; Parallel Channel setupCan Fin Homes is building a beautiful parallel channel . This channel begins from Fall of 2020, and builds up till date. The stock has given respect to both bands of this channel and continues its journey. Currently the stock is trading near its all time highs of 2017, which it did broke a few weeks back, but faced a strong resistance and retraced. This week can help the stock with its momentum and help it close above this resistance zone . Personally Bullish on this stock.
** I am not a SEBI Registered Advisor. Kindly consult your advisor before taking trade.**
Trading Tip: Construct a bullish pennant on 15min chart, it is clearly visible. You can observe that there is a breakout in this TF accompanied with strong volumes. It surely builds a great short term opportunity for the stock!
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BUY CANFINAccording to weekly chart analysis its made "W" type of sign and already given 52 week high breakout and then made some correction and now this stock ready for move up side so we can buy this at current level.
BUY @650 or above with first target should be 700-715 if it break 715 with increasing volume then 800++
CANFINHOMESPlease Go through the charts.
Every Small details are covered.
#trade_like_pro
#investing_like_pro
Stock Analysis of CanFin HomesPrice - 626.85 Dt. - 29.10.2021
It looks like the stock has completed the correction and is ready to resume the uptrend once again. The stock has made a Doji on the daily chart which indicates the reversal. RSI is also normal. If the stock closes in green with good volume on the next trading session then it will be a good candidate for the medium term.
BREAK OUT TARGET:-750canfins home is taking support of trend line & can show 750 level in short term,
would suggest to stay long....👍🏻
#canfinhomes rounding pattern break out taking out 4 year old reWeekly showing a rounding pattern breakout in progress taking out a 4 year old previous resistance
The last daily candle is wide range bullish . Momentum indicators is bullish on all timeframes short medium and long
while trend indicators are bullish as well with ADX strength of trending seeing rising up on all frames
and therefore continuation of price up move is likely.
CANFINHOME has given a good breakout!After accumulation on the important resistance zone the stock is inviting more buyers.
Volume is also supportive. Keep on radar.
Keep learning! keep supporting!
CANFINHOME MONTHLY BREAKOUTClosed above monthi high of 666. May be added in portfolio for good returns. SL and Target price on Chart
Canfin Home - Buy in Staggered MannerDetails on the chart with all the reasons
Multiyear Breakout with Good Volume
CANFIN HOMES INSIDE BAR PATTERNINSIDE BAR candlestick pattern in canfin homes. buy with strict stoploss and watch for the target
Can Fin Homes ready for a big runThis week we have come across Can Fin Homes and the chart looks very solid. Stock is at All Time High, keep a stop loss at Rs.650 and go long in this one.
CANFIN HOMES MULTIPLE MONTHS BREAKOUTCanfin homes breakout after 5 months long consolidation.high volume , high adx.
very simple , no need to explain much.
CANFINHOME S&R Based Analysis If it crosses 666 with uge volume then it will be a blast
OR
It will retrace from here to the next support level before coming Back (Most Likely)
Monring star pattern formation on Canfin HomesNSE:CANFINHOME
Monring star pattern formation on Canfin Homes
What is #MorningStar Pattern?
The pattern is made up of three candles: normally a long bearish candle, followed by a short bullish or bearish doji or a small body candlestick, which is then followed by a long bullish candle.
CANFINHOME Idea `Do not invest more than 5 percent of total capital. It is making a symmetrical triangle in small time frame. Stock to watch out for intraday
Canfin homes at supply zone. wait and grab it..SUPPPLY ZONE at 653 to 666 , Buy above 672on daily for fresh rally
ounding bottom breakout in CANFINHOMESAt the current prices, it looks very reasonable with favorable risk reward. This might show some consolidation at the current levels but still is a good long candidate.
Kindly note that this is only for educational purpose and do your own study before investing.
CANFINHOMES - Weekly
Rectangle breakout on the weekly chart.
The breakout is supported by good volumes.
The Momentum indicator MACD turned green on the latest weekly candle (Just for BO confirmation).
Buying can be done at CMP ~ 635
Stop loss would be breakout candle low on daily which is 616
2017 high is 661, which should be taken out sooner or later.
One can add few quantities now and a few once 2017 high is crossed.
Canfin Homes Cmp 640 dated 8.9.2021Canfin Homes Cmp 640 dated 8.9.2021
1. Rectangle BO @ 621
2. Volumes very high.
Buy for a tgt of 680-750 SL 595
It is just a view, pls trade at your own risk.
#canfinhomes potential multiyear breakout in the making#canfinhomes potential multiyear breakout in the making
a green close above 666 could mean a breakout from a 4 year old resistance
volumes are high and momentum also is in bull zones on all timeframes.
stops need be below breakout candle.
