FOR LEARNING PURPOSE
REPCO HOMES - The current price of REPCO HOMES is 500.75 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with great volume
3. Its giving 6 year high break after some rest
4. It is showing better...
REPCOHOME :- The stock has given a multiyear breakout. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
A beautiful rounding bottom breakout is seen in Repco home finance which can bring a big bullish momentum in this stock.
Stock has given weekly closing above 500 which is a big positive.
Lets see what is unfolding in the stock. I am expecting a blasting move.
Do follow me if you like my ideas.
REPCOHOME - CMP 461.300 | Dated 12 April
The stock took support and formed a rally with higher high formation.
Good volume and rally may continue, focus above 470 with the targets of 493 and 515
REPCO Showing good strength in Daily tf and also showing good structure in lower tf (2h).
Made an Inverse Head & Shoulder pattern.
Tgt range should be 500 if market situation remains in bull's favour.
Stop loss should be shoulders low around 430.
Repco looks good on Multiple time frames - M,W and DTF
Risky players can enter now.
Safe players can enter above 482/3
Plan your trade
Chart is self explanatory.
Repco home - breakout analysis for swing trade. NSE:REPCOHOME
Conditions Met: ✔️
🚀 Breakout of 2-month high resistance.
📐 Breakout of Symmetrical triangle.
🔄 Bounce from 50 Day EMA.
🎉 1.5 years high breakout.
📣 High Volume
🐂 MACD Bullish.
All things indicate towards a positive momentum in this stock.
What's your view?
Stock Name - Repco Home Finance Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 431
#This is not Buy and Sell recommendation to any one. This is for...
📌Flag Breakout
REPCOHOME
After an uptrend there was a small halt with dried up volume.
- Breakout is validated with Volume
- Above Key EMAs
- Bullish RSI
NSE:REPCOHOME
✅ #REPCOHOME trading above Resistance of 352
✅ Next Resistance is at 545
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
