Repco Home Finance (Monthly Chart)Cup Pattern
RSI above 60 Daily / Weekly / Monthly
Moving averages in line above 21 / 50 / 100 / 200
support 427
Expected level 924
REPCOHOME trade ideas
A Complex CUP WITH HANDLE PATTERN
Repco Home Finance Ltd.'s stock reached its lifetime high in June 2017, touching
a price level of 923.55. However, we are considering setting the ultimate target
price at 880.05, which is the target of the Cup with Handle pattern, suggesting a
potential gain of 71.20%. This target is below the lifetime high price. This
analysis presents an opportunity to buy the stock at the current level for
potential future gains.
RPCOHOME Short Term2-2-2024
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Buy Repcohome @ CMP
for the Target of 486, 507, 573
SL 390
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few Days
Resistance Breakout - REPCOHOMEPlease 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 for long term.
Buy Repco Home: Positional Can buy this darvas BO if closes above 415.
Target and stop loss level are marked in chart.
Classis BO pattern
Repco Home FinanceRepco Home Finance
Trading in Symmetrical Triangle
Risky can buy above 381
SL 370
Target- 390/400/408
29/09/23
Triangle Pattern BreakoutPlease 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
Repco Home FinanceHas Been on a down tread for lot of years, finally looks like breaking out with good volumes. Can expect a decent return from here on Max Holding six months time period.
Trendline BreakoutPlease 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%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Repco looking for revivalRepco Home Finance Ltd. is one of the leading housing finance company registered with National housing bank. The main products of the company are different category of home & plot loans such as dream home loan, home makeover loan NRI Housing loan & commercial real estate loan etc. Repco Home Finance CMP is 209.
Negatives aspects of the company are declining annual net profit, FIIs are decreasing stake, high debt. Positive aspects of the company are improving cash from operations annual, zero promoter pledge, MF are increasing stake.
Entry in the stock can be taken at 214. The short-term targets are 225, 235 & 243. The long-term targets are 254, 262 & 278. Keep a stop loss at 195.
Repco Home Finance50% upmove on technical basis seems very much possible, time consolidation seems completed.
REPCO HOME FIN LTD Trend AnalysisFundamentally undervalued as price is trading at 60% of its book value and it's PE is 1/3rd of the sector's PE.
With an increase in REPO rates, borrowings are getting hit but financing margin is improving.
After a long downtrend of around 3 years in a bearish impulsive move, now price is showing bullish corrective move which may end at 540 or 715 level.
Alternatively price is moving inside a descending channel and now it's preparing for a break out.
In case it fails to break out, price can plunge towards 175 level.
Good to accumulate for the following targets:
Short term swing target @ 380 (65% ROI from CMP)
Medium term swing target @ 560 (143% ROI from CMP)
Long term swing target @ 715 (210% ROI from CMP)
Usually the corrective moves have good momentum.
Do your own due diligence before taking any action.
Peace!!
#REPCO FINANCEREPCO FINANCE BREAKEDOUT IN MONTHLY CHART AFTER 5 YEARS. RISK REWARD MENTIONED IN CHART ITSELF. Analyse and take position.
#RepcoHomeThe P/E is ~7, P/B is <2 and the change in long term trend. How often do you see such trading ideas. I entered yesterday around 324 with a stop loss below 280. Targets as per the #FibonacciRetractment
Repco Home - Intraday / Swing Trade SetupRepco Home – 216
Looking bullish . One can go for Intraday / Swing trade with the following entry, exit & targets
Buy range 218 - 219 / Stop Loss 205
Target 1 - 222
Target 2 - 225
Target 3 – 228 / 230
Short Term - 270
Note: This is my view and for educational purpose only
Repcohome - Price Action Turning Around The price action turning around and now indicating strength which may lead to another rally up and may give 40-50% returns in short span of time.
T1- 220 T2- 240 SL -140
repco homeTech.Analysisrepco home finance support 113, 109
resistance 125
**i am not sebi registered analyst.**
756 W3 of w1a0,bs setupNo volume support; but it travel towards 295 or reverse from the same point as wb set up.
SL compulsory
