Sudden spike in prices lead to gap in the charts for Caplin point. The stock has quickly covered this gap.
So, i think the correction is over for the time being. Yesterday after filling the gap the stock went up by almost Rs 50 later correcting substantially and closing around 362.
One can buy for a target of Rs 389 to start with keeping 346 as stoploss (on closing basis).
So, i think the correction is over for the time being. Yesterday after filling the gap the stock went up by almost Rs 50 later correcting substantially and closing around 362.
One can buy for a target of Rs 389 to start with keeping 346 as stoploss (on closing basis).
Note
381 will become first resistance ...Trade closed: target reached
Stock closed at 393.. target achieved for now
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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.