CaplinPoint : Buy set up Board meeting on12th for expansion plan.
Business not dependent on US
In the making inverse Head and Shoulder pattern on daily charts.
Weekly charts : Looking breakout.
CAPLIPOINT trade ideas
CAPLIPOINT Daily CandleEducation purposes only.. Observation for future trade setups.. experimenting with combination of different indicators...
Caplin Bottom head-shoulder patternCompany with unique business model, having strong fundamentals with a spectacular growth rate > 50%
Double Top - Support Line - Gap Up areaDouble Top - Support Line - Gap Up area
Which one do you want to Play???
Caplin Point LaboratoriesFundamentals-
1)A very attractive smallcap company in the space of Pharma.
2)Company is beating the sectoral growth rate, operating profit, sales etc YoY.
3)numbers like Operating profit, net sales are doubling YoY @>20%
4)Aggressive expansions..
Keynote-->Its a good stock that can be accumulated at every dip, would probably be a multibagger.
CMP-560(18th May'2017)
1st target-700(6 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
Caplin point.SL 560 (or descending slope of triangle) on closing basis. Tgt 660. TF 2 months
Disclaimer: I am a novice at charting and this chart is for educational purpose only, views and opinions are welcome.
Caplin PointSL 560 (or descending slope of triangle) on closing basis. Tgt 660. TF 2 months.
Discalilmer: I am a novice at charting and this chart is for educational purposed only, views and opinions are welcome.
Charts gap filled: Time to short-term buying againSudden spike in prices lead to gap in the charts for Caplin point. The stock has quickly covered this gap.
So, i think the correction is over for the time being. Yesterday after filling the gap the stock went up by almost Rs 50 later correcting substantially and closing around 362.
One can buy for a target of Rs 389 to start with keeping 346 as stoploss (on closing basis).
Caplin point: BO above the trend line My recommendation is to keep holding the stock for a superior return.
Just broke the all time high and the parallel channel.
Disc: Invested
Caplin Point Time to holdI have a biased view on the stock, this being my first 100x stock.
Upcoming triggers:
1. USFDA Inspection due week ending 23 Oct 2016
2. Stock split 5:1 on 18th Oct 2016
3. Q2 results to be published in 1st week of Nov
Technically, it is able to over come resistance of 1364 but facing lot of supply around 1450 levels. I expect the stock to touch new highs in coming months.
No new investment is suggest at this point in time but a good stock to watchout for.
Disc: Holding some shares in the company
