Stock name = Career Point Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score = B
This stock has some positives. However, its mediocre earnings and mediocre price performance suggest it still...
Stock name = career Point Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score = B
This stock has some positives. However, its mediocre earnings and mediocre price performance suggest it still...
Price was ranging from past many years in a small price range
Every time price tried to break above/below range it just failed
But now finally Monthly candles have managed to sustain above the range
Company is into education sector but recently it applied for NBFC license
So going forward it might be Education + Educational Loans
Positives
Reduced debt in...
Entry, Targets and Stop Loss are mentioned on the chart.
View Invalid below 160 MCB .
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
This Stock is creating repeated Necklace patterns, i.e. rounded bottom in follow up manner. When such stock tries to reach higher high or tries to defend lower levels repeatedly, it may touch its past glory i.e. its previous Life Time High & explode further.
This chart is for study purpose & not a buy call!
Career Point Limited is an Indian education company. It has a diversified products and integrated services in both regulated and non-regulated education segments including Pre-school, School Education, Test-Prep, Higher Education, e-Learning and Vocational Education.
Technically, Cup and holder breakout with volume CMP 161.50 . Seems good for the Target of...
Cmp... 135.10....stock took support pf trendline and bounce back.... Today has given good bounce with volume....will it go for a new 52 week high???
I m not sebi regt analyst or advisor.
Post is only for an educational purpose.
Do ur own research or consult ur financial advisor before taking any position.
This analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks to reach the target.
As we can see, the stock is on the verge of breaking from its MULTI-YEAR Resistance zone. The move is also supported by increased volume.
A Bullish Head & Shoulder can be seen in the...
CAREER POINT now at its weekly support. It has been range bound for a while now. It has always shown a good bounce from here. Would be good to watch at this point.
