CanFin Homes Chart formation with detailed explanation. Long above 720+. A cup and handle formation with a cup of more than 4+ years . Long Term target could be 1100+
CANFINHOME trade ideas
Swing tradeChannel break out, Go long to the Trgt with a stop loss of 2.5% or 3% on daily basis of candle close..
Note :- Education purpose only..!
( Not a call)
CANFINHOME..BREAKOUT WITH HIGH VOLUMEToday Canfinhome had BO previous 613 strong resistance. Heading towards 675 ,its strong resistance.
Educational Price Action AnalysisStocks may give a rejection after a BO then it is more sustainable BO.. In this chart there is BO on daily chart and there is a rejection candle on 75 Min TF.. Stock can go to the next resistance level.
Canfinhome : Near to break out zone Based on Q3 numbers, can fin home can reach to a target price of 750 with a month
Canfin Homes looks solidCHART -> Canfin Homes DAILY SETUP
As seen per charts, there are few things to note:
1. Jubilant Ingrevia was trading under a trendline and in the downtrend. Recently it broke the trendline, telling the downtrend may be over.
2. From last few days it has started trading in a small upmove channel.
3. Today it has given a close above 200 DMA, and that now can act as a support and the stock can start upward journey.
4. RSI was also lying below a bearish trendline for quite some days, RSI is also now above the trendline.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CanfinhomeCanfineHome correct high level 5 wave zig zag correction .This stock move upside two level 0.38% and 0.62% retracment
Can fin home || Mid term target 750Can fin home mid term target visible to 750 ++
Timeline for target before March'22
Based on Q3 numbers too
CAN FIN LTDNot too far to break both the support zones, If 538 levels break that's our 1st confirmation and if resistance zone if broken then it's good money in futures
Canfin HomesThis is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
Long in CANFINHOMES1. reversal from 200 EMA
2. reversal from support zone
3. Short term trendline breakout
4. MACD cross over
5. RSI divergence
CANFIN HOMES on Daily TF ABCD harmonic reversal pattern.A swing idea for CANFINHOMES on daily TF formed harmonic ABCD reversal pattern.
CAN FIN HOMES... A GOOD SHORT-TERM TARDE A beautiful triangle breakout can be seen.
Short term target of 695 can be expected. Time frame - maximum 2 weeks.
CANFINHOME Trade SetupMy target and SL mentioned in the chart.
Entry above Black
SL Red
Target Green
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.
