Camex Ltd - Flag Pattern (Weekly)
Risky trade but a possibility of big returns between 20 to 100% possible in CAMEX Ltd
Technical Analysis:
There are multiple resistance but they have been tested multiple times and now a breakout from flag pattern could give higher returns
CMP: 30.38
Targets and Stop loss on the graph itself.
Monthly chart also looks strong considering it has been in a range for over a decade a breakout would mean a multibagger (Time frame for this could be more than a year)
On Daily it looks interesting and seems good support and candlestick pattern
Very Bullish on this stock
Also fundamentally looks a decent pick
But trade according to your risk, Not sebi registered
Technical Analysis:
There are multiple resistance but they have been tested multiple times and now a breakout from flag pattern could give higher returns
CMP: 30.38
Targets and Stop loss on the graph itself.
Monthly chart also looks strong considering it has been in a range for over a decade a breakout would mean a multibagger (Time frame for this could be more than a year)
On Daily it looks interesting and seems good support and candlestick pattern
Very Bullish on this stock
Also fundamentally looks a decent pick
But trade according to your risk, Not sebi registered
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.