On the verge of breakout ✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit.
CAMS trade ideas
camsCams
- Stock is forming a ascending channel pattern.
-Stock break and sustain above 2885 Next level to watch 3015/3080/3180 levels .
-Support is near 2745 level on chart.
Watchout for Resistance breakout (INTRADAY IDEA)The stock looks good above 2885 for intraday 1-2% upmove
13% Return In 2 Days😊😊I posted on May 20 , After I posted at 2231 , it moved to 2536 ( 305 increased in two days 😊 almost Equal To 13%) . Still it have to potential to move further. Keep on Your Radar.
Bullish Setup in CAMSBullish setup in CAMS which is fundamentally good stock and a trendy one for last few months.
If it test the previous resistance trend line then
good buying opportunity with good RR ratio as we can place stoploss below resistance line of
pattern or support line of pattern as per your RR ratio or money management.
This is my own analysis.
Take decision with proper planning and plan everything.
That's very important before taking any action.
“Risk comes from not knowing what you're doing” - Warren Buffett
This post is for education purpose only.
#CAMS Cams triangle PATTERN BREAKOUT#CAMS Triangle PATTERN BREAKOUT on CAMS DAILY TIME FRAME
STUDY PURPOSE ONLY
HAPPY LEARNING
LIKE
CAMSPlease take a look at the chart and wait for the price accumulation.
Price may get corrected and will fall into the support zone as mentioned.
Can take a fresh entry once price falls into the zone.
Cheers !!!
CAMS....... Long setupExplained on charts........
Stoploss..... below breakout candle low.
This is just my view...... trade according to your own risk management.
CAMS-Can move up to 2000CAMS in triangle pattern, can move upto 2000 levels and beyond once broken out. SL can be 1650-1680.
CAMS - DailyWhat a breakout candle, with huge volumes. If we want to go long, then keep the candle's low as the stop and if it looks deep keep the candle's median as the stop loss and go long. One can add on dips also
