CAMS standing on a strong demand zone
已更新
CAMS has been in a downtrend from end of 2021. We can see on the chart that the stock is consolidating near a strong support of 2000 level.
RSI is forming higher lows which indicate strength of buyers at this level.
It looks attractive at CMP for a positional long trade for minimum target of 2300.However, a weekly closing below 2000 levels will have a sharp fall upto 1750 levels which is a major risk.
Kindly consider this idea for educational purposes and trade as per your own analysis.
RSI is forming higher lows which indicate strength of buyers at this level.
It looks attractive at CMP for a positional long trade for minimum target of 2300.However, a weekly closing below 2000 levels will have a sharp fall upto 1750 levels which is a major risk.
Kindly consider this idea for educational purposes and trade as per your own analysis.
交易進行
2117 from 2050註釋
2210+ today!Reversal trades are slow but probability of targets are high.
註釋
2265, approaching T1 of 2300 slowly交易結束：目標達成
2345 high made on 4th julyabove 2350, stock can move up till 2600 positionally
註釋
2600 done finally註釋
Stock has doubled finally
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