Can Fin Homes Ltd – Technical View
CANFINHOME 📊 Can Fin Homes Ltd – Technical View
The stock remains in a broader uptrend, but recent price action shows distribution near the top. Formation of multiple tops (Top-1 & Top-2) indicates supply pressure around higher levels. After a corrective dip, price is attempting a rebound but is still facing resistance near the upper Bollinger Band and short-term averages.
🔹 Resistance: ₹955–980
🔹 Support: ₹915 | Major: ₹880
🔹 RSI: ~58–60, recovering but below bullish momentum zone
🔹 Volume: No strong breakout confirmation yet
📈 Bias: Buy on dips near support with caution.
📉 Sustained move below ₹880 may weaken the structure.
📜 SEBI Regd RA | AALGO BREATHS (INH000019886)
⚠️ Educational only
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