CAMS trade ideas
triangle pattern breakout #CAMS #CAMS forming a symmetrical triangle pattern breakout. Watch the stock for next week
VCP development in CAMS The Volatility Contraction Pattern (VCP) is a technical chart pattern often used in share trading to identify stocks that are preparing for a breakout.
Observations :
1. Multiple Contractions vcp-1@ 22% , VCP-2 @ 8% and VCP-3 @4 % - shows price tightening
2. Volume dry up-
3.Higher low formation -
This is not a buy sell recommendation - only for study purpose .
CAMSCAMS- Volatility compression pattern - VCP 17 % , 10 % and 6 % completed . RSI month , week , 3Day and daily all are above 60 . Expecting a breakout soon
Breakout Position
1. Stock is breaking out in 15mt. timeframe with volumes
2. Stock is taking support on the trendline
3. Closes above previous 2 days closing
4. Entry level above 4450 & SL 4355
5. T1=>4670, T2=>4950
Computer Age Management Services Ltd-The mcap of the stock is 21411 crore...now we are doing technical analysis of the stock which has made its top 4922, hence profit booking has been done in the stock...for the last time we have found 2 conditions in the stock, Either the stock will remain sideways for some time or respecting its Fib retracement it may come to 4200, 3800, 3400 step by step.
CAMSIf the expected cup and holder pattern is formed, then there is a 95% upmove left in this stock.
Let's see what is going to happen.
I am long on CAMS and CDSL.
Almost Monopoly stocks.
CAMS Can grow 3x in Next 5 years based on Monthly ChartsCAMS Can grow 3x in Next 5 years based on Monthly Charts
LTP - 4370
Targets - 13000+
Timeframe - 5 Years
India’s largest registrar and transfer agent of mutual funds with a market share of around 69%.
Company charges a fixed fee based on the AUM managed by the Mutual fund company. Thus, the higher the AUM of its customers, the higher the revenue for the company.
Happy Investing.
Cup Formed, Expecting Handle to form soon.Once handle is formed to retest, expecting a bullish view. Views are for learning purpose only.
CAMS - More Fuel leftCAMS :
Descending Triangle breakout Done
Looks getting ready for Ascending triangle breakout
Looks good above 4750 with immediate support at 4620
CAMS [strong multi-year breakout]The chart indicates a strong multi-year breakout with confirmation from the volume spike . Utilizing the pitchfan tool, the key levels and targets for swing trading have been identified. Always ensure proper risk management and keep an eye on volume trends to adjust your strategy accordingly.
Breakout Confirmation:
The price has broken above a significant resistance level as indicated by the upper blue pitchfan line.
The volume spike (as shown by the green arrow) confirms the breakout with strong buying interest.
2) Pitchfan Lines:
Pitchfan lines provide potential support and resistance levels. The price has successfully broken through multiple resistance lines, indicating strong upward momentum.
These lines can be used to identify future support levels in case of a pullback.
3) Support Levels :
The previous resistance levels, now turned support, will be crucial in case of a pullback. These are typically around ₹4000 and ₹3000 (orange and blue pitchfan lines respectively).
4) Targets:
Short-term Target: Aim for ₹5500
Medium-term Target: Aim for ₹6500.
5) Stop Loss:
Place a stop loss just below the nearest support level to manage risk. For example, just below ₹4000 or the nearest pitchfan support line.
6) Volume Consideration:
Continue monitoring volume to ensure the breakout is supported by strong buying interest. A decline in volume might indicate a potential reversal or consolidation.
7) Risk Management
Position Sizing: Use appropriate position sizing to manage risk, considering the distance to your stop loss level.
Trailing Stop: Consider using a trailing stop as the price approaches the 1st TRG and 2nd TRG to lock in profits while allowing for further upside potential.
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
CAMS - Rounding bottom in Weekly chartsCAMS - Rounding bottom in Weekly charts
Target -5000>5600 in long term.
PEG<3
FII interest is up last quarter and Public holding going down.
Allocate judiciously with frequent profit booking and strict stop loss.
CAMS - Cup Pattern Multiyear BreakoutComputer Age Management Services Ltd
Cup pattern in weekly timeframe
Multiyear Breakout
Bullish Momentum
RSI above 70
High Trade and Delivery Quantity
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
CAMS BUY NEAR 4000-4600 TARGET 6000 (6 MONTHS) 8000 (0.5-1 YEAR)cams buy near 4000-4600 target 6000 (6 months) 8000 (0.5-1 year)
Breakout in CAMSRound bottom Breakout
RSI above 70 and rising
Trading above EMA50
Volume increasing
35+ months of consolidation
Disc: For Study, not a recommendation
CAMS pattern + speculationThis is the time when everyone can see a cup pattern is forming but handle can be at lower levels. But chart is showing resistance at current price level. It may further go down to form a proper handle or stick to the current level.
Pattern:
> Wait for the formation of proper handle.
> Buy when there is a breakout with volume.
Speculation:
> Buy at dips to get more gain due to swings in handle.
> A beautiful cup formed at larger level it has higher chances to form a niche handle. Get more involved in buying.
NOTE: This is for education purpose only.
Computer Age Management Services - Breakout Setup, Move is ON...#CAMS trading above Resistance of 4067
Next Resistance is at 5322
Support is at 3291
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CAMS WEEKLY TIME FRAMEcan we consider this pattern in CAMS as Rounding bottom breakout ? just for understanding and learning purpose i am looking for .
CAMS - Growing Kid. Portfolio Stock CAMS
Looking good in Parabolic uptrend pattern.
Bullish View.
If this Monthly closing is above 4100+,
Then we can expect the following tgts.
1 : 5221±
2 : 5948±
3 : 6096±
4 : 6861±
Shared it for Reference Purpose based on chart pattern and My STUDY.
Do your analysis from your side too
This is not a BUY or SELL RECOMMENDATION from my side.
CAMS Cup formationlong term cup formation is completed.
Generally when a cup is formed in longer time frame, it is considered to be an up-trend and is a good opportunity to buy stocks.
Need of a handle is based on investor to investor. Some see valid volume on breakout and keep investing on dips, and some wait for proper formation of handle.
In this chart, volume is rising on resistance level. and can be a good buying opportunity for long term.
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NOTE: This is just for educational purpose only, please do enter in market at your own risk.
