BREAK OUT TARGET:-750canfins home is taking support of trend line & can show 750 level in short term,
would suggest to stay long....👍🏻
CANFINHOME trade ideas
#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.
CANFINHOME Trendlyne breakoutit is taking support at 20W MA. and heading towards 52W high breakout.
600 could act as good resistance.
ATH resistance placed at 660.
Monthly RSI indicates bullish momentum continuation.
it has been consolidating near breakout level between 500-600 range just below resistance trendline.
Intraday Trade: watch for resistance breakoutstock is taking resistance at 600 from 5 days
buy above 600 in Intraday or safe above 620
if buying above 600 than note that stock should open below 600 and than break 600 level.
keep stoploss 590 in this case.
for target 618- 620 will work as resistance if breaks 620 than it may run more.
CANFIN HOME - Channel BreakoutCanfin home breaking out of the channel pattern. Looks ideal for swing traders above 578.
Symmetrical Triangle Pattern With Full Tutorial
1. This is basically a Symmetrical Triangle Pattern. Where Resistance & Support Line tends to cross near future, which is also known as APEX point. Breakout can happen both the side e.g. ups and down. In this chart is it in upside breakout.
2. We've to measure the distance of price range. Which is between Resistance & Support Line, when pattern was developed and now that range paste on the breakout side for measure Profit Target.
3. That price range has been paste in this area now 721.60 is the initial profit target for this Symmetrical Triangle Pattern.
