CUPID trade ideas
#CUPID.. What will happen?? ..Short term consolidation or ATHCUPID is a small cap with amazing fundamentals (20% YOY growth, 20% ROIC).. It is a hidden gem with multi-bagger potential (a small cap doesn't need much capital for 2-3X)
Looking at current situation I would say there is a higher chance that the stock may move down to 200-205 levels.. consolidates for a bit and then moves up..
But there is also a chance for a move upwards (albeit small).. The support (short term trend line) is holding well even at high selloff volumes.. So buyers may come in and finally push this stock to ATH
Can go up to 300 if upwards break happens..
Can add to my position around 200 if it comes down...
Not suggesting you do the same, but keep an eye...Can be a great buy.. Also Do your own research, it is important..
CUPIDLET SEE THE PRICE ACTION :
SYMMETRICAL TRIANGLE PATTERN FORMED
STOP LOSS= 220
TARGET= 300
TARGET=350
I am a beginner to share market. i now only learning about that.
if my analysis is wrong pls tell me . i will correct it and learn form
PLS tell your opinion. about this stock.
date: 3/6/2001
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Cupid has given a strong channel breakoutThe stock is respecting the 200 dema line for a long time and given a channel breakout with decent volume.
target as mention stoploss 216
Live Challenging Stock Market Analysis Buy CUPID @ 236.55
Target @ 297
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Forex Tamil
Bullish view on Cupid Target 310Chart pattern - Symmetric triangle breakout
Buy @ 220 - 210
Target - 310 ( 50% profit possible )
S/L - 200
Time frame - Sep 2021
Cupid LTD. going to give good returnsLess then Intrinsic Value, good Fundamentals, Good results also. For educational purpose only.
CUPID LTD. SPOT POSITIONAL VIEWCUPID LTD (SPOT) Made double bottom pattern. If it break neckline it may rally for level -299/325/349.
view negated below - 239 (Day Closing Basis).
Fundamentals-
1. Repeated consumption business
2. Expecting good quarter
3. Maintaining healthy dividend payout of 26.48%
4. Profit growth and ROE is also very attractive.
Above 230 it will be super hit Cupid ltdCupid limited is a cash rich company in condom business mainly export.
Its like to benefit due to Pharma rally, the valuation is absurdly low.
like to fire above 230 to 260 levels, rest for later
All the best
Cupid : Long OpportunitiesNSE:CUPID
Here in Point and Figure chart, there is clear cut breakout of rounding bottom formation and We know that Point and Figure chart is noiseless in nature.
Here it is taken as 0.25% * 3 Reversal Box value.
So, We expect to grow up this cupid share price above 250.
Bullish Above 250
Target : 265, 300, 350+ Levels.
Stop Loss: 210 below.
Time Frame: 3_5 Months roughly.
Here if nifty will bearish, here Its Relative strength has been given positive cross over and Positive RS with its important moving average hence it will not so affect on cupid share price after breakout.
Disclaimer: Risk is yours and Reward is too yours.
looking good for 230+ in quick time.keep on radar!Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
