Canfin Homes looks solid
CHART -> 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.
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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.