High Risk:Reward Set-up (positional only)
CAMS has been in constant downtrend for last 20 months.
Now it has given a 20 month trendline breakout.
Once can add some quantity at cmp 2200 and add more when it closes above 2350 (closing above weekly 100 EMA) for a positional target of 2670.
Put stop loss slightly below 2000.
This is purely a positional idea and this weekly candle closing above the trendline is very important - keep in check.
Learn & Earn,
Dr. Tanya Kumar
Now it has given a 20 month trendline breakout.
Once can add some quantity at cmp 2200 and add more when it closes above 2350 (closing above weekly 100 EMA) for a positional target of 2670.
Put stop loss slightly below 2000.
This is purely a positional idea and this weekly candle closing above the trendline is very important - keep in check.
Learn & Earn,
Dr. Tanya Kumar
For high probable swing picks, join t.me/EquityResearch_PAC_bot
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.
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