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Craftsmanautomation

CRAFTSMAN AUTOMATION - Price Reversal - 50% upside?Overview & Observation: 1. HH-HL formation implies bullish structure. 2. Perfect volume spike. 3. Strong candle formation and breakout of the channel. 4. Earnings are stable. 5. RSI above 75 means we can expect some consolidation or minor pullback before the next big move. Trade Plan: - Entry Point: 1st aggressive entry can be planned at CMP - Stop Loss: 10% - Target: 15-50% (ATH high resistance break is expected minimum...) - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:CRAFTSMANLong
by SuperNova396
Short Term Trading in Craftsman Automation for > 10% UpsideHi, NSE:CRAFTSMAN has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily time frame. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:CRAFTSMANLong
by raigvivek
1
Series of Bullish Patterns in CRAFTSMANCRAFTSMAN stock chart has formed a series of bullish patterns. Let's break it down: 📈 Inverse Head and Shoulders Pattern 📈 ➤ The inverse head and shoulders pattern formed from January 2023 to May 2023 at all-time high levels. ➤ Inverse Head and Shoulders is generally considered a bullish signal. 📈 Breakout and Retest 📈 ➤ On May 31st, 2023, a breakout occurred for the inverse head and shoulders pattern with good volume, indicating a potential upward move. ➤ The next day, on June 1st, a retest of the breakout level occurred at the neckline of the inverse head and shoulders pattern, further strengthening the bullish case. 📈 Ascending Triangle Pattern 📈 ➤ Following the retest, an ascending triangle pattern formed on the lower 15-minute time frame. ➤ An ascending triangle is a bullish continuation pattern, indicating potential upward momentum. 📈 Based on these patterns, the overall technical outlook appears positive. The inverse head and shoulders pattern followed by a breakout, retest, and subsequent formation of an ascending triangle suggests potential upward momentum in the stock's price. Consider planning a buy entry upon the breakout of the ascending pattern if you missed the entry at the retest of the neckline. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. I am not a SEBI registered analyst. Always conduct your own research and consult a qualified professional before making any investment decisions. 💬 Feel free to share your observations and insights in the comments section. Your comments and feedback are greatly appreciated. Don't forget to like this analysis if you found it helpful! 🤝 Thank you for your continuous support, likes, follows, and comments. Your engagement keeps me motivated to consistently provide valuable content. Follow me on TradingView for more articles and trade setups: in.tradingview.com 🚀🔥 Trading is a journey. Stay motivated and keep learning! 🔥🚀 Technical Terms Explained : Inverse Head and Shoulders Pattern : A bullish reversal pattern characterized by three successive troughs, with the middle trough (the head) being lower than the other two (the shoulders). It indicates a potential trend reversal from bearish to bullish. Breakout : When the price of an asset moves above a significant level of resistance, signaling a potential upward move. Retest : After a breakout, when the price retraces back to the breakout level, acting as a test to validate the breakout's strength. Ascending Triangle Pattern : A bullish continuation pattern characterized by a series of higher lows and a horizontal resistance line. It suggests potential upward momentum.
NSE:CRAFTSMANLong
by AfnanTAjuddin
Craftsman Automation - LongCRAFTSMAN - Long Trade and Invest Wisely with your own knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock/Forex/Coin buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index or/and Forex or/and coins . ***
NSE:CRAFTSMANLong
by pmosesoliver