Can Fin Homes can hit Rs 870-880; buy Home First on dips, says Angel One's Osho Krishan
A technical and analytical look at Can Fin Homes and Home First Finance, comparing support levels, correction zones, accumulation strategy and near-term recovery potential in the housing finance sector.
- Jul 30, 2026,
- Updated Jul 30, 2026 4:12 PM IST
Housing finance company (HFC) stocks are back on investors’ radar, but the near-term technical setup suggests selectivity rather than aggressive buying. In a market where broader sentiment remains stock-specific and banking counters are yet to show decisive strength, Angel One analyst Osho Krishan said Can Fin Homes Ltd appears better placed for a medium-term recovery trade, while Home First Finance Company India Ltd may offer attractive entry only on further correction.
Can Fin Homes near a key support base
Krishan said Can Fin Homes is trading around a “very strong historical support zone of Rs 800-820,” a band from which the stock has previously seen meaningful rebounds. While he acknowledged that “present levels technical developments have been negative,” he argued that the longer-term price structure still makes the counter worth considering from a medium-term perspective.
The caveat, however, is position sizing. With the stock having already undergone a sharp correction, the recommendation is not for a lump-sum bet but for staggered accumulation. According to Krishan, the stock is now showing signs of stability, raising the possibility of a recovery move toward Rs 870-880 as a near-term technical pullback.
Home First Finance attractive, but not at any price
On Home First Finance Company, the tone was more measured. Krishan said the stock is “also looking quite decent,” though he stopped short of calling the chart decisively bullish. His preferred strategy is to wait for lower levels rather than chase the stock at current prices.
He identified Rs 1,140-1,135 as the first accumulation zone and advised investors to build exposure gradually. If weakness persists, he sees a deeper buying band at Rs 1,075-1,080. “At current levels, it's not that one should be very enthuse a lot of capital in this counter,” he said, underscoring the need for patience.
What it means for investors
The takeaway for six-month investors is clear: Can Fin Homes offers a clearer rebound setup from support, while Home First Finance remains a watchlist candidate for better entry points. The broader market backdrop also matters.
Housing finance company (HFC) stocks are back on investors’ radar, but the near-term technical setup suggests selectivity rather than aggressive buying. In a market where broader sentiment remains stock-specific and banking counters are yet to show decisive strength, Angel One analyst Osho Krishan said Can Fin Homes Ltd appears better placed for a medium-term recovery trade, while Home First Finance Company India Ltd may offer attractive entry only on further correction.
Can Fin Homes near a key support base
Krishan said Can Fin Homes is trading around a “very strong historical support zone of Rs 800-820,” a band from which the stock has previously seen meaningful rebounds. While he acknowledged that “present levels technical developments have been negative,” he argued that the longer-term price structure still makes the counter worth considering from a medium-term perspective.
The caveat, however, is position sizing. With the stock having already undergone a sharp correction, the recommendation is not for a lump-sum bet but for staggered accumulation. According to Krishan, the stock is now showing signs of stability, raising the possibility of a recovery move toward Rs 870-880 as a near-term technical pullback.
Home First Finance attractive, but not at any price
On Home First Finance Company, the tone was more measured. Krishan said the stock is “also looking quite decent,” though he stopped short of calling the chart decisively bullish. His preferred strategy is to wait for lower levels rather than chase the stock at current prices.
He identified Rs 1,140-1,135 as the first accumulation zone and advised investors to build exposure gradually. If weakness persists, he sees a deeper buying band at Rs 1,075-1,080. “At current levels, it's not that one should be very enthuse a lot of capital in this counter,” he said, underscoring the need for patience.
What it means for investors
The takeaway for six-month investors is clear: Can Fin Homes offers a clearer rebound setup from support, while Home First Finance remains a watchlist candidate for better entry points. The broader market backdrop also matters.
