This is the analysis of CAREERP in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your...
PE 19 vs Industry PE 96
FII added 0.02%
Company has reduced debt.
Company is almost debt free.
Stock is trading at 0.98 times its book value
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 441%
Debtor days have improved from 176 to 61days.
Career Point Limited is an Indian education company established in 1993....
Stock Name - Career Point 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 248
#This is not Buy and Sell recommendation to any one. This is for education...
Hey Everyone, today we are analyzing the stock Career Point and its giving us a buy as making a Head and shoulders pattern but even though you should be cautious because its making a bearish harami pattern and market could take it as retest
Stock Name - Career Point 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 200
#This is not Buy and Sell recommendation to any one. This is for education...
A low debt company from education field having diversified products.Stock is near its 52 week high with significant volume moving through a 2.5 year old parallel channel and its now under the surveillance of strong resistance area . If it escapes from this resistance area , then an explosive movement can be expected. Otherwise downward movement will happen .
Chart -> Career Point Daily
The stock has formed a beautiful cup and handle, and today gave a breakout with volume.
CMP: 161.50
Targets: 186.50 and 210.5
Good range: Around 150.50
SL: 140.50 daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor...
- Long Consolidation from more than 8years
- Monthly Double Bottom Pattern
- Yesterday they launched live 1 - 1 online tutoring platform called Vedam Learning.
- Industry Leader
Career Point is engaged in providing Education Consultancy, Management Services, Tutorial Services and Residential Hostel Services.
Market Cap - ₹ 303 Cr
Free Float Mkt Cap - ₹ 111...
Note: This is for educational purpose only.
There seems to be a Bullish Engulfing pattern on 21 EMA support with good volume. RSI is above 60 which indicates bullish momentum. Moreover, RSI shows a breakout as well. 21 EMA above 55 EMA which shows short term uptrend.
Buy above the high of current candle and SL should be few points lower than the low of current candle.
Initially suggeted near 140-150 levels.. Cmp near 170.. One can still look fresh in range 155-170 for upside 200 and 220 levels.. Refer chart for more details..
