HOMEFIRST Long Idea .......
HOMEFIRST chart shows strength with volumes in last few weeks. Channel breakout will push price higher.
Stoploss and Targets are given in Chart.
Risk Management is important.
NOTE: It is Housing Finance company. Good ROE over the years. Not much affected with NPA's like Micro-Finance companies. Fundamentals good. Portfolio stock. It also needs lower Interest rates to drive growth in company.
Stoploss and Targets are given in Chart.
Risk Management is important.
NOTE: It is Housing Finance company. Good ROE over the years. Not much affected with NPA's like Micro-Finance companies. Fundamentals good. Portfolio stock. It also needs lower Interest rates to drive growth in company.
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