CAMLINFINE trade ideas
Camlinfine - Range Breakout Camlinfine CMP - 114.75
Looking bullish and can go for swing trade with the following entry, exit & targets
Buy range 112 - 1116 / Stop Loss 105
Target 1 - 120
Target 2 - 125
Target 3 - 130
Note: This is my view and for educational purpose only
I am Bullish On this i think it should go up ... (do your own Risk Analysis before investing dear.....this is for study purpose)
Camlin Fine Sciences Limited: Technical View on the stock!
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
