Current Status: GIC Housing Finance is currently in a no trading zone, indicating a period of consolidation or indecision in the market.
- Multi-Year Resistance Zone: The stock faces a significant resistance zone that has been in place for multiple years. Breaking this zone could be a key bullish signal for the stock.
- Consolidation Expected: Given the...
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
Strong Breakout
Good Volume
Financing for Housing projects
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
In the Weekly Chart of GICHSGFIN ,
we can see that; it has given Cup & Handle breakout.
Let it retest.
Enter on retest at 175 with SL as 164 and Target as 238 .
More Than 1:6 Risk can be achieved by booking profits at 238 .
Hare Krishna,
GIC Housing finance is consolidating and forming inverse head & shoulder and double bottom pattern on daily time frame. Seems breakout can happen soon. Keep on radar for long once close above 177.
GICHSGFIN looks Attractive
Fundamentals : Strong, fairly valued, Growing EPS, Reduction on debt, FII Stakes increased.
Technicals : Very Bullish, Broken Triangle, Harmonic Bat Active, well placed above 50 EMA !
R 1: 270
R 2: 315
R 3: 360+
S : 200
Chart is 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. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
GIC housing finance.. good buzz seen in housing finance company.. DII add 6% stake in last few qtr. CMP:187 sl:160(wcb).target: i am expecting retracement of 50% which is around 335. So good upside is possible
NSE:GICHSGFIN shows two features making it perfect for breakout.
The price has crossed the 200 DMA and the now 21 DMA is crossing the 200 DMA, indicating a bullish trend reversal.
The daily candle is bullish engulfing.
Trade: Buy above 159, SL: 154, T: 162/165
Stock Name - Gic Housing 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 147.
#This is not Buy and Sell recommendation to any one. This is for...
Multiple Confluences as per chart:
1 About the break the supply zone of 5 years as shown in chart that started oct 2018
2 Very Good Accumulation happened in the levels between 50 to 130
3 About to break the trendline of 4 years that started oct 2019 as shown in chart
4 Forming a perfect Cup and Handle bullish pattern
start accumulating and more conviction is...
