CANFINHOME - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 4.2

📊 Analysis: Can Fin Homes shows strong intraday potential today. Current price (₹932) is above both 50DMA (₹873) and 200DMA (₹803), confirming bullish bias. RSI at 64.6 indicates strong momentum, while MACD (13.9) is positive, supporting upward movement. Volume (1,58,458) is slightly above weekly average (1,46,193), providing healthy liquidity. Fundamentals are solid with ROE (18.2%) and EPS (₹69.2), though debt-to-equity (6.61) is high and valuation (P/E 13.4 vs industry PE 18.0) is relatively attractive.

💹 Optimal Buy Price: Around ₹925–930 (near support zone).

🎯 Profit-Taking Levels: ₹945–955 (short-term resistance).

🛡️ Stop-Loss: ₹915 (below 50DMA support).

⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹935 with RSI dropping below 60 or MACD flattening. Exit near ₹945–955 if momentum holds; cut positions if price slips below ₹915 with rising volume.

Positive

• 📈 Strong ROE (18.2%) and EPS (₹69.2).
• 💹 Quarterly PAT growth (₹251 Cr. vs ₹224 Cr.).
• 📊 FII holding increased (+0.42%).
• 📈 Stock trading at 98.3% of 52-week high range, showing strong sentiment.

Limitation

• ⚠️ High debt-to-equity ratio (6.61).
• 📉 ROCE at 9.34%, modest compared to peers.
• ⚠️ DII holding reduced (-0.65%).

Company Negative News

• 📉 DII stake trimmed (-0.65%).
• 📉 High leverage with debt-to-equity at 6.61.

Company Positive News

• 📈 Quarterly profit surged (+18.9% variation).
• 💹 FII confidence with increased stake (+0.42%).

Industry

• 🏭 Industry PE at 18.0, slightly higher than Can Fin Homes’ valuation (13.4).
• 📊 Housing finance sector supported by rising demand for affordable housing and credit expansion.

Conclusion

⚖️ Can Fin Homes is a good intraday candidate today with favorable technicals and strong fundamentals. Buy near ₹925–930, target ₹945–955, and protect downside at ₹915. If already holding, monitor RSI and MACD closely for exit signals. Strong profit growth and FII support favor bullish bias, though high leverage remains a key limitation.

Would you like me to extend this into a peer benchmarking overlay against other housing finance companies (like LIC Housing, PNB Housing, HDFC Ltd) to compare intraday strength?