Any pullback in accumulation zone is opportunity for long .
CANFINHOME stock price bounce from the medium team support zone 508/538 ready for target of 650+ by keeping stop loss below 473. 1. we can RSI divergence. 2. MACD is positive. 3. RSI above 50.
Rationale: 1. Trend line resistance break ( & recent stock split! ) 2. Target 1: 598 ( whole no. resistance) 3. Target 2: 617 (Trend based fibonacci 61.8 retracement) 4. SL : 525 makes RR ratio ~1:2
Buy at 555-545 CBSL 500 Target 665 - 700
Inverted flag is formed, also respecting the neckline which happened to be on 382 FIB level of the leg down.
NSE:CANFINHOME is a buy for tgt of 3100 .
A clear uptrend chart taking support.we can take position for long when it takes support again..............
It's just moving in the channel as seen in Andrew's Pitchfork! You can short it for the short term keeping a stop loss but also can wait for a breakout to long it.
The stock is at a 7 month upward sloping trendline and also at previous resistance zone which may act as support. It is buy above today's high at 3010 with a stop loss of 2865 and a target of 3295
Stock is having a dream run since last 3 years. A retracement is due before the uptrend resumes. movement of this week shows its already started retracing one can go short at CMP 2960 with SL above recent swing high 3150 with a target of retest to recent major swing low 2530 and later on 2450.
Strong Reversal to enter, new Horizon. All plotted on Chart. LTP: @ 3121 at (11.11 am) Go LONG: @ 3121 More @ 3094 - 3104 TARGET for Short term / SWING trade / Positional, Plotted on Chart. More updates Later. Strategy for FnO trade : On Query. For intraday TARGET, Follow, Snapshot of intraday Levels. If enriched your knowledge, P lease don't...
Chart and description has all the explanations. Stop loss 3035, entry 3070-3080, target 3200 if trend line crosses ...then 3400 also possible
Just follow the trend make possible entry in days low.. Put strict SL at the previous days low candle.. Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
similar pattern in past. stock after correction formed a hammer pattern and today closed above high of the hammer. buy with sl of hammer low for a big target.
The stock has been in uptrend for quite some time now. It underwent a correction a few days back and now is ready to test its previous swing high. It is a good buy at CMP for a target of 2900.
CANFINHOME Its definitely a buy, with the channel bottom as a stop loss. Ideally on 26th-may it should have continued heading up and up., Not sure, whether, the News on No-Objection-Certificate requirement for HomeLoan could have dragged down on last friday., but wondering to see it tested the fibonacci 50% retracement at 2670 and returned. So, there could be a...