CAPLIPOINT trade ideas
CAPLIPOINT 1000+ from 637. 62% Returns in 1 Month TimeframeCAPLIPOINT was shared on 27.06.2021 with following details
Stock: #CAPLIPOINT
Taking Monthly Support @ 642.
Buy Option 1 : Either buy @ 635 to 647
Buy Option 2 : Either buy @ 685 to 691 (Only when there is closing above 685)
Risk : High ( 1 to 2 Months)
Breakout Confirmation : Weekly Closing 685
Wonderful Breakout in CaplipointThere is a wonderful breakout in Caplipoint on a weekly time frame. Have been tracking this since last 10 days, waited for the confirmation of breakout to post this.
One can enter this on dips as the earnings also have been raising on a consistent basis. So from both technical and a bit of fundamental analysis looks like a good stock to invest for swing trading. I will enter on dips for the same.
Disclaimer : This is not a call and I am not SEBI registered / Authorized. This is only my personal analysis.
Caplin Point - Momentum tradeAfter a good move and also positive guidances by the management, this stock could be due to move up further.
They are now getting approvals from the USFDA for more injectables which is a positive sign too.
3 year C&H breakout. followed by a retest.
Long above 700 with a SL below 675.
Open target because of the C&H formation.
Just an Idea ! Short term period.Downtrend can be seen in price action. Price just cut 50 MA. formation of Double bottom up is possible.
Price at neckline here. short call can be taken for short period.
You can share your views so we can learn together !
I'm also in a learning phase, working m way up.