technofunda_trader

CAMS ready for the uptrend!🤩💸🔥

Long
NSE:CAMS   COMPUTER AGE MNGT SER LTD
Buy CAMS for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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💡The stock had been listed 14 months ago and from that time it is in an uptrend. Recently, it was in the retracement phase from Sept 2021. With the formation of rounding bottom near major support and 200ema and closing above 2900(important level), it indicates that stock has been bottomed out and now is ready for a strong rally.
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💎@technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
⁠5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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