Caplinpoint
BIGBULL bReAkOuT A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:CAPLIPOINT
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful apprication in the NSE:CAPLIPOINT
MACD gave Positive crossover on Daily chart and Monthly chart and weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 1190 levels with the stoploss of Rs. 1090.45 on weekly closing basis. The 1st target will be 1293.10 , 2nd target will be 1397.10 and 3rd target will be 1499.20.
CAPLIPOINT Buy Above 1060CAPLIPOINT Buy Above 1060, add more if close above 1060
SL will be 960 closing basis, with a target of 1190
Caplin point Daily flag and pole B/OA bullish flag and pole b/o has been confirmed on daily chart of NSE:CAPLIPOINT . Here one can create a fresh position in the scrip. Buy@840 SL@800 TGT@880/920/960
The risk to reward ratio is 1:3
Exit the position if the stop loss is triggered on DCB.
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CAPLIPOINT - 75% RETURNS!!!BUY - CAPLIPOINT
CMP - Rs. 677
Target - 1: Rs. 822
Target - 2: Rs. 940
Target - 3: Rs. 1200
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Technicals - Bullish Flag BO
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This is just a view, please invest at your own risk.
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DETAILED TECHNICAL ANALYSIS ON CAPLIN POINT LABORATORIES.Few pointers from my analysis on CAPLIN POINT LABORATORIES:
1. The stock has consolidated in the Triangular pattern and currently near its major support.
2. The major support trendline is near 0.382 Fibonacci level, thus has done healthy retracemet.
3. The Horizontal support is broken on the downside, however on lower volumes.
Conclusion:
The current setup is awaiting price confirmation by breakout of the resistance on Triangular pattern with high volumes and Breakout of RSI above 50. Overall setup is bullish however entry can be taken prior to the confirmations.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
#CAPLINPOINTFormin Binet compression
Misses the momentum for the rise
Activation only above 759.40 with a strength candle
Score 3
Caplin point breakout channel pattern CAPLIN POINT a good fundamental stock has made breakout from its channel with good volume and after retesting ready for upside. Its trading near 200 MA.
All you need to know about Caplin Point | Technical, FinancialI daily make educational content videos on financial markets
Caplin Point in-focus for breakout After consolidating for about 7 months now...it is probably going to give a closing above its upper trend line today.
It will be a triangle pattern breakout..
Strategy -
- Watch for the next session if it continues the momentum.
- A retest back to the upper trend might happen.
- Closing above 820 resistance shall be a confirmed entry.
- Short term targets - 870/880++
Looking Forward to 115% Upside in Caplin PointNSE:CAPLIPOINT is set to break all time high and repeat the leap to the upside again.
Target: Rs1674
Caplin point labCaplin point lab giving a breakout above 820, small SL, should sustain above and make an 880+
Caplin PointInverted head and shoulder pattern as well as trendline breakout
Go long above 860 DCB
Target Open
Caplinpoint strong breakout#caplin
#caplinpoint
Caplin point is a strong breakout today.
Have added partial qty at 825.
Wil add more if Todays close>807
Kindly DYOR
#vr
LONG TERM TARGET 2300 RS Caplin point lab is already a multi begger, however it is still a small cap i see big opporutinities after seeing its revenue sales growth etc company fundametally super strong company has vision to enter in new market like USA by 2023
company has super steady sales and income growth i am investing
this is investing call or you can do positional trade in it i am buying @762 per share for long term
NSE:CAPLIPOINT
Caustion: this is my opinion do your own research before entering i am not responsible for any gain or loss made by this.
Keep an eye, again close to breakoutCaplin point is again looking good if it breaks out.
Keep an eye.
Go long after clear breakout.
SWING TRADE ALERT - Close to a BOCaplin Point Laboratories Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 6,851.34 Crore) operating in Pharmaceuticals sector.
Recent quarter results were impressive.
A swing trade is possible here. I have traded this stock regularly. It's good for medium term investment too
Keep this on radar and assign SL accordingly. This stock can move and correct rapidly.
CHART STUDY not a call
note: Holding 50 stocks since 850 levels.
CAPLIN POINT - LONGWatch CAPLIN POINT
CMP- 888
IF BREAKS & Closes above 960 level,
Can go towards 1030 easily,
ABOVE 1030 is Cup & Handle Confirmation
TARGET then- 1200++
SL- Below 850
Can add some qty now, Good Risk Reward
Caplin Point Lab - LongCaplin Point Lab is involved in the business activities of Manufacture of allopathic pharmaceutical preparations
1. Steady increase in net income and net sales
2. Breakout and retest of the all-time high
3. Diminished volumes
Caplin Point Symmetrical Pattern BOSymmetrical Pattern Breakout
Buy Caplin Point
Closing Price - 680.35
SL - 580 (WCB)
Target - 1200
Caplin point, nice breakoutCAPLIPOINT Has given nice breakout on weekly charts.
Also it has broken daily small resistance (Blue line) and closed above that this week.
Recent quarter results have been good.
Can be added till breakout levels.
Chart of the Week (12/06/2021)Caplin Point is our chart of the week. Keep Stop Loss at Rs.645 and target should be the previous All Time High. A very very favourable risk to reward ratio.
