NSE: CMSINFO is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 14% to 20% gain on...
CMSINFO:- after giving breakout Stock is consolidating keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades...
Stock Name - CMS Info Systems Ltd
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 344
#This is not Buy and Sell recommendation to any one. This is for education...
CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India. The business...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets...
Forming IHNS pattern on daily timeframe basis.
Can keep on radar .
I'll buy after breakout with volumes above 280DCB
My SL will be 255 DCB.
Targets will be the height of the head of IHNS.
Thank you 😇
Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR
The company share price is very fair considering its market cap of 40,897,317,026 INR
Profit after tax was 1,510,000,000 INR which shows its potential. Well if the price dont support @ 260 , Choose a fair price.
Jus dont buy it @ a high price. Hold for atleast 1-2 months . Or long term . Will be worth it in my opinion
Educational purpose.
