CAMLINFINE - Ichimoku Bullish Breakout Stock Name - Camlin Fine Sciences Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 164
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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CAMLINFINE
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalCAMLIN FINE SCIENCE
Stock, 125 looks good support for positional SL
Tested trendline in multiples time, and now again at Trendline testing for breakout
Good be good bet to buy above 152-155 levels
for targets of 163-173, with SL of 135.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Camlin Fine Sciences ready for the uptrend!🤩💸🔥Buy Camlin Fine Sciences for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock gave a Multi-Year breakout in April 2021 it was in a retracement phase from August 2021. The Higher high made by the stock on Daily TF seems to make the end of the retracement. With the recent volume continuation with amazing Q3 result, a strong rally is expected from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
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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FY21-22 Swing Trade Idea #154: Long on CAMLINFINE This is a private swing trade idea. The idea is only for Learning and observational purpose and learn about proper risk management. We take a trade only when we are ready to lose the amount risked. Proper risk management is the core of trading and we focus mostly on it rather than on the trades. In case you take trades, the risk and responsibility is entirely yours. I would comment on any further updates on our entry, targets and stop-loss on this idea. You can post your queries in comment section and I will try to answer asap .