#CAMS - (DAILY)
CMP - 3150.55
~Ready to give cup and handle breakout
~ Smart Money Buying in last few days
~TARGET - 3700, 3800
#SHORTTERM
#PROFITTRADER25
#CUPANDHANDLEBREAKOUT #BREAKOUT
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
The stock is testing it's 3 years old resistance. Good volumes lately.
We can expect a good bull run if it breaks and sustains 3250 level.
This is not a BUY/SELL recommendation.
This idea is only for Educational Purpose.
Learn & Earn,
Dr. Tanya Kumar
CAMS Will blast soon ; High Volume Accumulation by Big Plyers plus Positive sentiment in market for Companies engaged in Securities Management. SL @2650
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target &...
- CAMS has given 2 different entry points since October 2023.
- First was a Stan Weinstein stage 2 entry.
- Second entry is now, where the Cup & Handle pattern is being broken.
I have built my positions since Entry1 and I already hold CAMS as 13% of my portfolio so I cannot add more to this entry, but if I had to break my rules I would definitely enter here....
CAMS looking attractive in current level. Gave breakout after consolidation. Better opportunity to aim 1:3 risk reward
CMP 2720
TGT 3590
Stop Loss below 2560 on weekly closing
Disclaimer: It is just my personal opinion not a trading call.
The stock has been forming a cup and handle pattern where the cup has been formed and the handle formation is underway , the stock has checked all the ratios and has quite solid fundamentals however the promoter holding is a major concern
EPS-56
PROFITS- HIGHEST EVER
OPM-46%
ROCE-48.5
CAMS:- Breakout after 2 years
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 based on price...
FUNDAMENTALS :
(Source : ICICI DIRECT)
Computer Age Management Services Ltd.
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Computer Age Management Services Ltd.
Capital Markets company Computer Age Management Services announced Q2FY24 & H1FY24 results:
Financial Performance:
Q2FY24:
1. Consolidated Revenue increases by 13.5% YoY to Rs 275.08 crore.
2....
Ride the Bull Cams Ltd, trading above major resistances of Rs2971-3025, sustaining above these levels shall make it travel towards fib ext 1.618 levels and previous highs.
Promoters has exited completely in December 2023, new investors like Fii and Dii have lapped up this company.
Rsi in Daily/Weekly/Monthly are near 64/68/64
Adx showing strength in the...
Cams ascending triangle bullish pattern
best buy level available from cmp 2800-2825 for
tp of 3325-3350 with stop of 2750 on daily closing basis
disclaimer : for educational and learning purpose
CAMS a monopoly company within niche area of MF etc is looking good with Rounding Bottom formation.
The stock is currently in STAGE 2.
Stoploss for Medium term 2700 on closing basis.
Expecting 4000 within this year.
![CAMS: CAMS Attempted BO [Weekly]](https://s3.tradingview.com/8/8fqWeHDI_mid.png "CAMS Attempted BO [Weekly]")
