GICHSGFIN trade ideas
Long Term HoldThe stock has fallen from 620 to merely 50 and then showed some decent recovery with cmp at 225
Buy at cmp 💸
Support around 190-210
TGT 400-600 🎯
Time period: 1-2 year
SL below support zone closing
Points to Focus:
💎 Low P/E
Cheap valuation
EPS 25+
1year (CAGR 35+)
Seems to be undervalued
Book value 325
👎 Debt to Equity 5+
Decreasing Promoter holdings
But to me the chart always has been superior so here the 📈 shows bullish behaviour so will be backing my instincts rather so let's see
Not any recommendations for buy the mentioned stock its just for educational purposes and learning. Do your own analysis before taking any decision. At the end it's your hard earned money 💰.
After a Breakout Stock is retesting its BO levelsIn Weekly TF you can see the breakout, and in Daily TF stock is in trendline support. A movement above todays high can be consider as a long trigger.
📢 Note: I am not SEBI registered. The information provided in this video is based on personal experience and analysis. It's essential to do your research and consult with a licensed financial professional for personalized advice.
GICHSGFIN : Followup on last study GICHSGFIN : this is follow-up of our last study posted
Study at your end this is just my personal view and it can be wrong 100%. watch Full analysis of GICHSGFIN
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
GICHSGFIN : Ready to break resistance GICHSGFIN
Weekly : on weekly time frame trying to form HH HL pattern
Daily TF : Very good volume + Big bullish candles
1H TF: near weekly resistance, once break and retest good chance to enter.
Study at your end this is just my personal view and it can be wrong 100%. watch Full analysis of GICHSGFIN
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
GIC HOUSING FINANCE LTDHello and welcome to this analysis
It is on the verge of an Inverse Head & Shoulder breakout above 150 for 170/180/195.
From past data its been observed that an IHS which forms after a steep correction, in this case both in terms of price and time the reversals usually suggesting this could turn out to be a major trend reversal for the medium and long term.
Happy Investing
#GICHSGFIN #IBULHSGFIN #REPCOHOME #LICHSGFIN #HDFC #HUDCO #LOAN
NSE: GICHSGFIN
CMP: 143
Target 183 ~28%
Stop Loss: 129
TF < 3M
RR > 2.8
NSE:GICHSGFIN
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Long setup in GIC housing FinanceThe Chart seems to be following trend line and now at the base level. The supply seems to have minimized. The chart could give good bounce to 200, stop loss 130.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
GIC HOUSING FINANCEHello friends,
This stock is looking good for long term investment. B/o on monthly chart.
Entry on current level of between 181-190 keep sl of 176.
Expected target could be double of it. but don't invest in high quantity..
Use add on dips strategy.
Make position as per your risk reward ratio.
This is only for educational purpose, take advice from your financial advisor before taking any position.
Thank you.
GIC HSG FIN TRADING IDEAGIC HOUSINF FINANCE, A COMPANY FROM NBFC SECTOR RECENTLY TOUCHED 52-WEEK HIGH OF 153.90.THEN SHOWED CORRECTIVE MOVE OF 10% DOWN TO 139.05. NOW FORMING A STRONG BULLISH CANDLE ON 4H TIMEFRAME. TRADING IDEA IS TO BUY IF CURRENT 4H CANDLE CLOSE AS STRONG BULLISH CANDLE AND VERY NEXT CANDLE BREAKING HIGH OF PREVIOUS CANDLE FOR THE EXPECTED TARGET OF 153-154. CONSERVATIVE STOPLOSS FOR THIS TRADE IS 133. AGRESSIVE EXIT WILL BE ONCE STOCK START TRADING BELOW 139.
GICHSGFIN (4H) Backtest : 69% win rate across 13 trades => 11.4 Detailed backtest result : prnt.sc
Non-looser = 77%
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to begin trapping the traders.