Caplin Point Laboratories , a leading pharmaceutical company known for its focus on generic formulations with strong fundamentals, presents an attractive opportunity for swing traders and investors.
Reasons are listed below :
Support Zone at 1200-1250 : Caplin Point Laboratories has established a strong support zone in the range of 1200-1250, showcasing its...
Caplin Point Laboratories Ltd is engaged in the manufacturing and sourcing of APIs, finished formulations, R&D, clinical research with presence in Latin America, Africa, USA and other nations.
Pharma sector in bull mode
Cmp 1488
stop 1450
target 1600
risk reward 1:2
Holding period 15days
after a good breakout retested 10Ema
bouncing up
volume also picks up
CMP: 1115
If stock price 1125 upper candle day closing And retest than see bullish movement See in future !
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
This content for only education purpose!
I am not SEBI Register.
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Weekly closure above 818 is a good entry or wait for the retest of the Trendline and can enter
Delivered good results and technically looks good as well
Hello, fellow traders!
Today, we are going to look at NSE:CAPLIPOINT, a pharma sector stock that is ready to breakout. The NSE:CNXPHARMA broke its resistance in October and showed signs of going higher, but it has been consolidating for four months now.
Looking at the chart, we can see that the price is patiently approaching the mentioned price level, and the...
All in the chart. Stock at an important level. Parallel channel resistance. Can plan the trade depending upon tomorrow. whether the resistance holds or break out???
NSE:CAPLIPOINT
The video is self-explanatory.
Add this stock to your watchlist. Aim for 5-8% if it breaks the trendline as it can be easily achievable in 1-3 days.
It is an analysis video. Take your decision on your own.
