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abhinavjain97
May 24, 2021 12:16 PM

Camlinfine Long Long

CAMLIN FINE SCIENCNSE

Description

The stock is forming a bullish flag and has been consolidating from past 13 bars or 20 days with low selling volumes. Today a move of 5.83% has resulted into huge volumes trapping all the sellers. The stock is ready for an upside with a potential Target of 191.45 or 16.15 points and a SL of 164 i.e. today low giving us a RR of about 1.42. Moreover, RSI is also backing the stock with a trendline breakout and a close above 60.

Trade closed: target reached

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