CANFIN Homes is ready to make a new high
Updated
This stock is trading with steady volumes on the bourses in all time frames.
Similarly, it shows positive divergence on oscillators.
The 52W H/L is INR 909.80 / 508.55.
It is consistently making Higher Highs and Higher Lows.
It honoured its support level.
LTP on NSE on 08/Feb/2024 was INR 813.30 (with a high of INR 857.80)
Resultantly after all this discussion, I believe that the target price should be INR 950-1,100.
Stop Loss should be INR 721
Risk to Reward will be 1:3
The time horizon should be 6-9 months
Similarly, it shows positive divergence on oscillators.
The 52W H/L is INR 909.80 / 508.55.
It is consistently making Higher Highs and Higher Lows.
It honoured its support level.
LTP on NSE on 08/Feb/2024 was INR 813.30 (with a high of INR 857.80)
Resultantly after all this discussion, I believe that the target price should be INR 950-1,100.
Stop Loss should be INR 721
Risk to Reward will be 1:3
The time horizon should be 6-9 months
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