01-01-1970 12:00 AM | Source: HDFC Securities Ltd
MTF Stock Pick - Buy Can Fin Homes Ltd For Target Rs. 699 - HDFC Securities
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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

 

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