REPCOHOME trade ideas
REPCOHOME: SELL at 352.45, Stop-loss 362.45 Target 316REPCOHOME is a sell on NSE as its been sold off with volumes greater than 4 times its average. and is Below ichimoku kumo.
SELL AT 352.45
Stop Loss 362.45
Target of 316
I am not a SEBI Registered Technical analyst. Please consult your financial adviser before investing. This call may be taken based on today's close of REPCOHOME.
Inside bar REPCOHOME tradeshort if PDL 410.4 is broken at with SL at PDH 431.6,
long if PDH 431.6 is broken at with SL at PDL 410.4
If gap occurs, watch the first 5min candle and follow ORB trade
Repco Home FInanceTriple bottom --- likley to show reversal in tomorrows trade -- if breakdown then short
SL- 543
Trades at 2.5x P/B --- operates primarily in Tamil Nadu where new launches are not happening due to sand issue
Costliest HFC HDFC trades at 5x and cheapest LIC trades at 2x --- real estate sector looks subdued due to rera
Buy Repco HomeKeep accumulating till 520
First target 625
Above 625 TP=700-755
If scenarios are extremely and 755 crossed, longterm TP=950
REPCOHOME: FnO Physical Settlement Impact.Repcohome nearing two crucial Support line.
FnO Physical Settlement Impact.
Enter in Advn. to take advantage for pull-Back rally.
...... Level details plotted & mentioned on chart.
Education purpose only.
REPCO HOME FINANCESince we have spinning top formation on 5th March'18 confirmation of trade can't be done.If Formation of next candle on 6th March crosses low of 560.05 we can go for shorting the trade and keep our SL on CBSL basis
REPCOHOME: Harmonic Reversal Pattern (Beyond "PRZ")All mentioned & plotted on Chart.
USA Market TURNS in Green from Thurs days Blood Bath.
Remark: Possible GAP UP Open in Asian Market.
My personal View. If matched, Like & Share
As i am not SEBI regd. analyst, take this study as educational purpose.
For taking trade decision Consult with financial Advisor.
Weekly Chart link.
REPCOHOME: Benefited from PM's Rural MovementAll mentioned & plotted on Chart.
USA Market TURNS in Green from Thrs. days Blood Bath.
My personal View. If matched, Like & Share
As i am not SEBI regd. analyst, take this study as educational purpose.
For taking trade decision Consult with financial Advisor.
Follow TIMELINE for Daily & other Time frame Chart.
