CAMS in a triangleWeekly chart of CAMS is forming a triangle pattern. Pattern might not be very strong, because it is extended a lot. But pattern is pattern and it has to be respected.
CAMS trade ideas
CAMS - Holding at a crucial support 1. This company has a monopoly in this sector and it's a fundamentally strong stock too
2. It has corrected more than 45% from its ATH (All Time High)
3. Current overall scenario is bearish no doubt and therefore entries from swing trade perspective is not valid until it consolidates/ranges for
sometime
4. From investing purpose (which is of long term) it can be accumulated in quantities as per individuals appetite
POSSIBLE TREND REVERSAL IN CAMS!! (BUYING opportunity)Trend reversal can be seen in the charts of CAMS (Computer age management services ltd) on daily time frame.
It has taken support from the levels of 2000-2170 multiple times
this could be a great opportunity for accumulating the shares of CAMS
start long positions in this scrip if it sustains above the levels of 2170
If it breaks the support levels then further downside can be seen
CAMS - Long Term - value Buying OpportunityIt has broken downtrend, now making flat base pattern, currently taken support from supply zone, can be studied for long term
It's just my view, I'm still learning pls do your own research before investing
cams looks so clear to get your portfolio into green cams buy with sl _ 2248 with target - 2500/2700++. just do a small entry with 200 qty . and get ready to fly
Near Multiple Support lines. Definite BuyYou can see on the chart I have drawn multiple Support lines and the price is near 3 support lines which makes it a strong support
Price is bearish since last 3 days and so bears are weak now on this and bulls will take charge.
So go with the flow and earn money by going long.
CAMS - Catch it youngStock is in a real nice corrective move from very highs of around 4100. Now after several weeks of consolidation in the form of rounding bottom pattern it is at the verge of breakout the neckline area of 2550-2630. So 'Catch it young before the breakout'.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Computer Age Management Systems CAMS can be bought @cmp with SL 2440.
CAMS looking for breakout at weekly chart patterns and above 2653 it can go up and touch 2700,3000 soon.
CAMS is a good buy candidateCAMS has been consolidating for long=, but now looks like consolidation is over and it is ready to go up, this is only for education purpose, do your own study for buying or selling
CAMS ON THE VERGE OF BREAKOUT!!!Computer Age Management Services Limited (CAMS) is ready to give breakout above the range of 2640-2680. Watch out to catch it before breakout, can add it in dips near support region. Moreover, a very strong fundamental company with a strong market share of approx. 70% in Mutual Fund Industry.
CAMS Trendline BrokenCAMS - Recent positive news flow of CAMS subsidiary collaborating with Microsoft
Trend line broken
Rising volumes observved
camscams stock is looking good on charts on above 2650 for a target of 3000, 4000 with stoploss of 2400
CAMS BREAKOUTCams looking good on daily chart by breaking falling trendline resistance and breaking resistance on RSI indicator too the uptrend line show that uptrend resumption is going on, it looking that we should consider 10% possible upside in this stock as a target in this stock in coming sessions from here.
Buy Today, Sell Tomorrow: CAMSDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in CAMS
Buy Today, Sell Tomorrow: CAMS
Defininte buy- Near support and flag patternFlag pattern is formed and near resistance of breakout as well.
Resistance and support lines are drawn on chart.
Buy and sell when rounding pattern is complete and it starts handle of cup and handle.
I will let you figure out the rounding pattern on chart by yourself.
CAMS - Rounding bottom + Accumulation done - Swing/InvestmentThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Markup phase Accumulation seems to be completed after brake out of downward channel .
ease of movement after retest sign of exhaustion of supply...
Potential set up in camsIdentify a very good chart pattern, your entry levels, potential positional targets and stop loss as per your risk
Levels mentioned in chart.
Follow strict risk management.
CAMS Long (12 Sep)CAMS Long (12 Sep)
RSI- 74
Breakout of down trend line, 200 day EMA & 50 week EMA with good volumes at weekly close
Buy at CMP- 2585 or at 2500
SL- 2410
Target- 2810, 3010
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
[Positional] CAMS Long IdeaCAMS is in strong up momentum now and it has broken the trendline, it was follwoing since last six months. A goog long postion can be taken in CAMS once it breaks last swing high of 2491.
Entry :- 2491
SL:- 2185(last swing low)
Target:- 2950
Target should take some time to reach - anywhere between 2-6 months.
CAMS - Rounding bottom + Accumulation done - Swing/InvestmentThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
