01-01-1970 12:00 AM | Source: HDFC Securities Ltd
MTF Stock Pick - Buy Can Fin Homes Ltd For Target Rs. 699 - HDFC Securities
News By Tags | #2989 #2034 #580 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

MTF Stock Pick - Buy Can Fin Homes Ltd For Target Rs. 699HDFC Securities 

Observations:

Stock price has broken out from medium term downward sloping trend line on the weekly chart

Price has broken out from last 12 week’s narrow price consolidation

Volumes have been rising gradually along with price rise

Primary trend of the stock has been bullish with higher tops and higher bottoms

Stock has been trading above all important moving average parameters

Indicators and oscillators like RSI, MACD and DMI have turned bullish on short term charts

 

Buy Can Fin Homes Ltd @ 517-528 CMP 517.50 TGT 699 SL 469

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795

SEBI Registration number is INZ000171337

 

Above views are of the author and not of the website kindly read disclaimer