Strong #BreakoutStock : Aadhar Housing Fin- Range Breakout
- Cup & Handle
- Volume Contraction
Strong Potential upside possible⤴️
Don't forget to follow us on Social Media for wider & frequent updates..
@Stockgrove
AADHARHFC trade ideas
AADHAR HOUSING potential breakout - Prior buying force.
- Tight price action.
- Near base high.
- Volume contraction.
- Low risk entry.
- Strong sector (housing finance)
- High relative strength.
AADHAR Housing Finance Recent BreakoutAadhar Housing Finance's shares have seen a recent surge, with a 6.3% jump in intraday trading following Kotak Institutional Equities' initiation of coverage with a 'buy' rating. The brokerage set a target price of ₹550, implying a 41% upside potential. The stock just broke out and ready for the upswing..
Aadhar Housing Finance Ltd - Pre and Post IPO Statistics
IPO Price: 315
Issue Size: 3000 Crore
Lot Size: 47
Listed: 315 ( Flat listing)
Closing on Listing Date: Closed in Positive@ 329( minor gain of 4.4%)
Listing Day Candle: Spinning Candle
Listing Day Volume: 7.1 Crore
IPO price and Listing day low PRICE would act as a support in immediate future.
Support Range: 292-315 ( 7.3%)
