triangle under parallel channel stock under 2 pattern -
1. parallel channel
2. descending triangle
stock trying to breakout of trianlge pattern also breakout of parallel channel will be there
CAMS trade ideas
CAMS - inverse head and shouldercams forming inverse head and shoulder
near 200dma
right shoulder is in formation
rsi positive divergence is also formed
buy above the resistance level 2590-2640
for a target of 3000 and even more
“Down-sloping” trend line breakout• On the weekly chart, the stock has observed eight months “down-sloping” trend line breakout at 2525 levels indicating trend reversal
• This buying momentum was accompanied with huge volumes indicating increased participation at lower levels
• The stock is also well placed above 20, 50 and 100 day SMA which supports upside momentum
• The daily and weekly strength indicator RSI signals positive crossover indicate rising strength
• The above analysis indicate upside of 2750-2880 levels.
Time is 3 to 4 weeks.
Buy Today, Sell Tomorrow: CAMSDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% 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
Trendline Breakout in CAMS
Buy Today, Sell Tomorrow: CAMS
CAMS : Falling Channel Breakout with Volume and 200 EMA supportThe chart is self explanatory with structure, entry, exit and stop loss.
Thanks
Given trendline breakoutThe stock has given a trendline breakout and looking strong. Good at CMP for intraday. If it closes above 2640 - can be a good positional pick.
Learn & Earn
Dr. Tanya Kumar
CAMS TODAY'S INSIDE TRADESToday ( 21/04/2022)
Cams Services insider trade: Acquisition of 5,000 equity shares worth Rs 30.73 lacs by director
Cams Services insider trade: Acquisition of 3,426 equity shares worth Rs 21.06 lacs by designated persons
Price trading in range since April first week ............
RSI is trading above 62 in day time frame chart ,which is bullish indication ..............
Price closing only above 2625, with volume is good entry for the short term target of range between 2875/2928 ,
CAMS All detail for chat. good entry at mark price only. and must stoploss is 2400 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
CAMS READY FOR MOVEMENT 130 POINTSLevel to watch: 2600 must sustain daily candles
Target : 2730
Horizon: One week
Regards,
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalCAMS Ltd
Stock giving Breakout and also retested BO levels on Daily Chart
Stock showing good support at 2340 levels
Buy above 2620/2630 levels for targets of 2760/2860/2950
Keep SL of 2410 levels. Keep Mid term views.
Also keep stock for Investment
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Trendline breakout and retest doneTrendline breakout and retest done
possible good swing trade
WATCH HIGH VOLUME (4HR TIME FRAME) AFTER ENTER
Trendline breakout and retest done - possible good swing tradeThe stock had given a trendline breakout and has retested - looking good for an upmove. Buy above 2625 on closing basis for a poistional target of 2930.
Learn & Earn,
Dr. Tanya Kumar
Cams longCams has completed its correction and looking good for a upward move or can come to 50% of corrective wave
Computer Age Management Services Ltd CAMS , with good fundamentals, FIIS increased Shareholding in Dec 2021 from 26.49 % to 30.43 % (can check in screener.in.........good for long term
Good Support & Positive Divergence.. Educational Purpose only.CAMS has a good support at around 2200-2300 range..
RSI showing Positive Divergence.
CAMS can be bought for long term from current levels..
Fundamentally good Company..
CAMS - 2550 Important Support. Short and Buy trades.
1.Trend - Down.
2. Sideways for last 2 months between - 2550 - 3000.
3. If sustains below 2500 then more selling till next support which is around 2000.
Trade Setup -
1. Short if sustains below 2500. Target 2350, 2300. Stop - 2560.
2. BUY - Breaks 2550 and reverses. Entry - 2550 break candle high. Stop - 2500, Target - 2800, 2900.
CAMS - Keep on watch for coming daysDetails explained on Chart.
Simple analysis for learning and growing.
Only for Educational Purpose. Consult your Advisor before any investments.
CAMS LongDouble bottom created and reversed from resistance at 2948. If reverses from support of 2780 and breaks out from 2948 then long can be initiated for Swing to short-term keeping SL below Red lines.
