From the past two years stock has been forming triangle pattern, finally it has given breakout from this pattern with good volume. From the current price level price may correct a bit as we can expect profit booking at this level. If price closes above 181, we can expect a bullish momentum in the stock.
All the possible targets are mentioned on the chart....
Buy Camlinfine at 183
target 215
SL 179
If you go through its previous trend, it has been respecting the daily trend line. Also FIBO level of golden ratio suggests buying at current levels for the target of 215.
CammlineFine science is following a channel on daily charts and showing a reversal for upmove towards higher levels.
Also it is respecting 200 DEMA and fibonacci retracement also suggests a buy at golden ratio
Buy it in the range of 184-185
Target will be 215-220
SL 179
Disclaimer: This view is just for educational purpose and always initiate trade by taking...
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