Cams Ltd Ride the Bull (Study Purpose)
Updated
Ride the Bull Cams Ltd, trading above major resistances of Rs2971-3025, sustaining above these levels shall make it travel towards fib ext 1.618 levels and previous highs.
Promoters has exited completely in December 2023, new investors like Fii and Dii have lapped up this company.
Rsi in Daily/Weekly/Monthly are near 64/68/64
Adx showing strength in the momentum
SL Rs2900
Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member.
I'm personally invested as per my study.
Promoters has exited completely in December 2023, new investors like Fii and Dii have lapped up this company.
Rsi in Daily/Weekly/Monthly are near 64/68/64
Adx showing strength in the momentum
SL Rs2900
Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member.
I'm personally invested as per my study.
Trade active
Sustaining, made a low of Rs2923, now back above Rs3020 levels.Note
Rs3085 now. Buy on dips.SL revised to Rs2950
Note
Now at Rs3205, holding it patiently shall reward greatly in this year.Note
at breakout retest zones.Trade active
Continue to hold, slowly & steadily headed towards all time highs +Note
All time high crossed today. Partial profit booking advisable. Wait for some pullback and keep holding it.
Disclaimer
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