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
CAMS trade ideas
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.
CAMS short positionAs shared earlier, CAMS has already touched the resistance level and now it seems to retrace till the support.
Basically it is forming a triangle, we could capture the moment in the channel.
Death Cross in CAMS stockStock- CAMS
Death Cross is observed in Daily Time Frame.
50MA has crossed 200MA from above
& now 200MA is acting as resistance,
It has formed like Double Bottom and rose up and gave breakout above the strong resistance and the resistance trend line but during reversal from bottom, no consecutive big bull candles are formed like the big red candles while going down, which shows Bulls are comparatively weak.
And the breakout candle is red candle and the volume is not good either of the current candle as well as the big bull candle near the breakout.
So i think more probability is breakout will fail and it will reverse downside.
Let me know your views in comments
magic of wavesthis is portfolio stock . breakout looks good for positional trade this is only study and buy sell recomendation
CAMS - Up for another run up?Firstly the stock took support at 2560 and turned from there. Then it broke the Fibonacci level at 2665 and moved one way towards the congestion zone of 2973-3000. Now it gave a healthy retracement to 2850 which is a neckline for a reverse head and shoulder pattern. Is it up for a sharper move ahead and break the Fibonacci level on the upside?. I think so! based on the price action and Rsi support. If 3000 is crossed I see eventual targets of 3400. .
CAMS ready for the uptrend!🤩💸🔥Buy CAMS for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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💡The stock had been listed 14 months ago and from that time it is in an uptrend. Recently, it was in the retracement phase from Sept 2021. With the formation of rounding bottom near major support and 200ema and closing above 2900(important level), it indicates that stock has been bottomed out and now is ready for a strong rally.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
CAMS - Fundamentally great stock, currently at good buy levelIndia’s Largest Technology-driven financial infrastructure and services provider to mutual funds and other financial institutions. It is India's largest registrar and transfer agent of mutual funds representing Rs. 22 trillion with a 69.4% mutual fund aggregate market share.
CAMS has a 70% market share in a industry that will grow rapidly in upcoming years.
Company is almost debt free and have shown consistent YOY increase in Profits and Cashflows.
FII / DII holding are also significant.
Potential Multibagger !!
24% Target in CAMS | Swing Trade Wonderful trade in CAMS (Computer Age Management System) with potential target of 24%
Reason to take trade -
1. 200 EMA breakout, this is a very strong bullishness
2. Horizontal Demand area
3. Trendline Breakout
4. RSI above the MA line
This all makes this trade a very good trade right at the confluent area.
Please hit the like button this really motivates me to make more such analysis. Also hit Follow button to get regular notifications.
CAMS can be a good positional buy stockNSE:CAMS
Downward Trend Started in CAMS from 1-Sep '21. Important Support identified at 2560 Level at bottom, looking at historical charts.
1. 1st Bullish Reversal Spinning Top Candle on 20-Dec '21 at 2560.05 level.
2. 2nd Bullish Reversal Spinning Top Candle on 27-Dec '21 at 2563.95 level.
3. RSI curve flattened during 20-Dec '21 to 27-Dec '21 period. Shown reducing weakness.
4. Stock has given breakout of trendline on 3-Jan '22 at 2740 level. Sustained breakout above Trendline on 4-Jan '22.
5. Crossed resistance zone of 2820-2890 level on 13-Jan '22 and sustaining above that level with RSI above 60 levels.
Considering all these signals, first positional target in CAMS could be 3050 and second positional target could be 3250 in coming days/weeks.
Stop loss to be set near 2820 levels.
Disclaimer: This is not a buy recommendation. Do your own research before buying/selling the stock.
cams14 jan 2022
stock will go in uptrend
swing trading
breakout occured
price goes above 200 sma
very short term target 3090 (6%)
long term target 59 at 3450 (18%)
if you want more swing trading educational
opportunities message me
CAMS : CUP AND HANDLE BREAKOUT/ DAILY TIME FRAMECAMS CUP AND HANDLE BREAKOUT IN DAILY TIME FRAME
Disclaimer: I am not a qualified analyst. This is just for educative purpose only.
Right time to accumulate for long termA multi-bagger can be accumulated at CMP for long-term SL 2500.
BEFORE BREAKOUT TRADE IN CAMS Market Cap
₹ 13,038 Cr.
Current Price
₹ 2,666
High / Low
₹ 4,067 / 1,700
Stock P/E
47.1
Book Value
₹ 93.8
Dividend Yield
0.98 %
ROCE
57.7 %
ROE
44.0 %
Face Value
₹ 10.0
MCX Low Dbt MidcapGood stock enter if breaks MA50 line with volume and sustains above it. SL will be close below with volume MA50.
Trend reversal in CAMS ready to flyWe know that CAMS have been underperforming right from the time IIFL(a private equity company) exited the stock after making huge returns. Despite the strong fundamentals the stock has been a laggard and it was moving on a downtrend ever since the FII's started their selling spree. We can see the trend has been reversed now and its possible the stock can reach back to its hey days considering high recent mutual fund inflows and expected strong Q3 results.
This is just my personal view on reviewing the trend lines and not a stock recommendation.
