Get started
HawkishDove

CAMS Attempted BO [Weekly]

COMPUTER AGE MNGT SER LTD (NSE:CAMS)  
HawkishDove Updated   
NSE:CAMS   COMPUTER AGE MNGT SER LTD
Chart Patterns Cup And Handle
6
2
chartpattern cupandhandle
Into the new week, CAMS breaking out of a long weekly base, as volumes atttract, this might move further. Keep an eye out for that.
Comment:
CAMS trying to break 2971 high it created a few weeks back, volumes on a weekly level are not above average but the stock has consolidated sideways and shown some volume interest on a daily level.
Let''s see how this plays. 2971 is a level where overhead supply is there, but once this breaks this can move ahead to another supply level of 3252
Comment:
Good volumes now and BO this week as well, Keeping in the list for now
Comment:
Going good, in Momentum BO was strong with volumes. Would advise to had a trailing stop at 21DMA or 50DMA if taken a trade in this.
Comment:
Taking support now at 50 EMA after some volatile action. Let's see if this holds and goes back in the trend since BO.
Comment:
Below 50 EMA now.., considering how the market is, not sure if one should still track this right now..
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.