CANFINHOME - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.2

📈 Strong momentum, favorable valuation, and price near breakout levels make CANFINHOME a compelling intraday candidate.

💡 Optimal Buy Price: ₹855

🎯 Profit Target: ₹880 | Stop Loss: ₹845

⏱️ If already holding, consider exiting near ₹880 or if price dips below ₹845 with increasing volume.

📈 Positive

• 📊 MACD at 24.1 signals strong bullish momentum
• 📈 RSI at 66.8 indicates strong buying interest, nearing overbought territory
• 📍 Price is well above DMA 50 and DMA 200 (₹805 & ₹769), confirming trend strength
• 📈 PAT improved from ₹224 Cr. to ₹251 Cr. (+18.9%)
• 📈 FII holding increased by 0.42%, showing foreign investor confidence
• 📉 Attractive P/E of 12.4 vs. Industry PE of 17.7 and PEG ratio of 0.56 suggest undervaluation

⚠️ Limitation

• 🔇 Volume (1.47L) is below 1-week average (2.67L), slightly limiting intraday volatility
• 📉 Debt-to-equity ratio of 6.61 is high, typical for NBFCs but still a risk factor
• 📉 DII holding declined by 0.65%, indicating mild domestic caution

🚫 Company Negative News

• 📉 No major negative headlines, but high leverage and DII outflow warrant monitoring

✅ Company Positive News

• 📈 Strong quarterly earnings and FII accumulation support bullish sentiment

🏠 Industry

• 🏦 Operates in the housing finance and NBFC sector
• 📊 Trades at a discount to Industry PE (12.4 vs. 17.7), offering relative value

🧾 Conclusion

• CANFINHOME offers a high-probability intraday setup with strong momentum and valuation support
• Best suited for breakout trades with disciplined stop-loss
• Watch for RSI crossing 70 and price action near ₹880 for exit signals

I can also compare CANFINHOME’s setup with peers like LIC Housing Finance or PNB Housing to help you spot stronger intraday setups.