For Long term caplin point levels are marked Fundamentals sounds good, Take away P/E very low comparing to peers Debts has been reduced and Reserves has been increasing Net profit is increasing 0 pledge from promoters
Caplin point looks like a strong fundamental stock. Also technical analysis shows it has a good potential if it breaks the multiyear resistance. If you like my analysis do like,comment and follow. Disclaimer : Above information is for educational purpose only . Any trade taken will be at your own risk.
#CAPLIPOINT 19.05.2021 CAPLIPOINT Looks good buy around stoploss 583.55 Target 634.75 CMP 607.25 It is just a view, pls trade at your own risk
CAPLIPOINT : price is taking good support at present level. Go Long
Above 510 chart is strong ....for all black line target ...
Stock is consolidating. If manages to close above 500 will add it for 530- 550. Will add some qty @ 467 and will double qty @ 440 if dips comes.
My target for this is based on Elliott Wave count, and other metrics. Rs. 800++ is very much possible.
Caplin Point CMP - 584.35 Looking bullish and can be invested for short term. Buy @ 578 - 588 / SL - 565 Target 1 - 600 Target 2 - 620 Target 3 - 650 Note: This is my view and for educational purpose only
Caplin Point Round Bottom Pattern Breakout
PLEASE SEE CHART FOR DETAILS TARGET 1: 650 TARGET 2: 700 STOP LOSS : 520 **These are my personal observations. Please trade at your own risk.**
Wedge breakout Donchian Hourly Breakout Super Trend Breakout Overall trend up But... Small volume, add more on confirmation
Correction over and up move has been started. Expecting to reach 725+ in a week or two. If my idea helps you then please click like and provide your feedback.