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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NSE:CAPLIPOINT
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
NSE:CAPLIPOINT
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
CAPLIPOINT 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.
NSE: CAPLIPOINT, 1M CHART(Long Term)
If breakout in upside then can take advantage and long position
Buying Level 700+
Stoploss 577
Target 1200+ levels
Caplin Point Laboratories - Has given channel breakout on the daily chart with a good delivery volume. we Expect price movement till 575. Any drop in price near 475/485 will be a good opportunity to enter.
caplipoint was in consolidation phase for almost 7-8 months . It has come out of the traingle pattern .
We can expect a big move . If there is big positive candle with good volumn it can give long rally.
CUP & HANDLE Formation on 1 Hr chart. Price is above Moving average of 144 days.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
