Short trade.Caplin point labor made double top formation and broke its short term trendline. Its showing negative RSI divergance on chart which shows some weakness on chart.
CAPLIPOINT trade ideas
Treandilne breakout- Caplin Point LabsPrice Action seems to have broken the sloping trendline with divergence.
Longs can be initiated wih SL as 285 C.B. Trail as it moves for target.
Disclaimer: Ideas for educational purpose, give thumbs up if you like
CAPLIPOINT Buy SetupCaplipoint is at Monthly demand zone and looking a good buy at these levels
Buy = 291
SL = 274
T1 = 310
T2 = 345
T3 = 385
T4 = 415 and more
Long CAPLIPOINT with a target of 330Long entry may be initiated near 287, keeping SL at 273.55. Accumulation is going on.
caplin lab is out of Falling Wedge pattern in monthly charts Huge falling from July 2017 to Jan 2020 as high as 780 to as low as 280. Its making a new pattern now, Considering falling rsi and selling volume . Got to see if it makes new pattern of break out or break down .
well within the accumulation zone!keep eye on 425 n 460! it will be tough to catch once it crosses 460 levels. 425 will also working as resistance as of now. could be a multibagger!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Another multibagger bet from my side keep an eye!Once it crosses 460, it will be tough to catch it.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
@cherrypicks Poised to touch 460, today? 14 Jun 19Hi All,
The stock is trying to take support at 428 on weekly closing basis.
If able to sustain these levels can test 460 today itself provided able to cross 442
Happy investing.
Caplin Point: Trendline bo above 465Hi All,
The stock can give a trendline breakout above 465... it should move straight to 587...
SL will be the breaking of trendline.
Hope you will benefit out of my analysis.
Thanks for reading.
Happy investing.
Disc: Vested interest and biased views
Caplin point lab (buy)formed a double bottom .
close above 440 will confirm the breakout .
entry after confirmation.
Target 750-1000
sl after entry.
CAPLIPOINT (Caplin Point Laboratories Ltd) BUY ABOVE 425CAPLIPOINT (Caplin Point Laboratories Ltd) BUY ABOVE 425
Caplin will it be able to clear 460 or fall backToday we have results for Caplin.
Stock is back to resistance level of 460 lets wait to see the final numbers
Disclaimer:
Invested and biased
Caplin BD on weekly chartsCaplin had a break down on weekly charts.
More carnage to come, good time to accumulate on falls by retail investors.
Disc:
1. Invested long term and biased
2. Educational purpose only
Caplin Point 27 Sep 18Go long for a target of 460 with a sl of 428 on closing basis
disc:
1. Education purpose only
2. No trading position open
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 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%
