Cup Handle pattern Breakout in weekly chart Retracement happened and good time to buy buy above 176 Target 266 SL below 150 WCB
on retracment to supporting moving avg and gap fill.
stock is on 6 weeks base and good support level, breakout very soon.
PRECISION CAMSHAFT (1D) CMP 251.55 Symmetrical Triangle Pattern is formed After Big move with Massive volume a Run Away Gap is created Run Away Gap is not filled yet that shows the strenght of the stock Price is consolidating in Narrow Range Breakout is Awaited After Breakout can show Good Run
PRECAMS - Those who are aware of the candle pattern formation, will be well aware of the entry & Stop loss. Manage risk at your own.
#PrecisionCamShaft #WeeklyChart #RoundingBottom CMP: 183.4 Entry: Above 188 / 190 SL: 136 Target: 225 / 275 / 325 / 340
Trades are only assumptions. You might go wrong. To prevent loss of huge capital, set Hard stop loss. Preserve capital at all costs. For entries and exits please look at the chart. If you like my analysis. Show your support by sending a small % of your profit to dgandluru@okicici
PRECAM is blasting and the operators are taking the prices higher
BUY-91 STOP LOSS- 80 TARGET- 108/122/145/168 TIME HORIZON- 3-5 MONTHS THE TRADE IS SUPPORTED BY VOLUME
2.5 yr channel breakout long term consolidation rsi div rsi channel break good volume support with buying volume sectoral demand increase disc:i m invested@32