Camlin Fine Sciences Limited: Technical View on the stock!
Updated
Technical Call
Buy between price range of Rs 65-70
Target 1 :Rs 75
Target 2: Rs 85-90
stop loss near RS 62-60
Highlights
At Price of Rs 60, First break out from triangle zone
Stock bottomed out at price of Rs 40.
Formed new uptrend range, it is visible in the chart, once stock has broke triangle range
Considerable growth in revenue and profit in FY 2019-20 from last 2 years
Risk- Impact of corona virus in china can be a negative to be considered
Trade closed: target reached
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