rdkriplani

Caplin Point - Momentum trade

Long
NSE:CAPLIPOINT   CAPLIN POINT LABOR
After a good move and also positive guidances by the management, this stock could be due to move up further.
They are now getting approvals from the USFDA for more injectables which is a positive sign too.

3 year C&H breakout. followed by a retest.
Long above 700 with a SL below 675.
Open target because of the C&H formation.

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.