🎉 CAMS Breakout of 3 Years! 🚀
CAMS: CAMS is India's largest Mutual Fund Transfer Agency, providing services and statements for mutual funds, AIFs, insurance companies, banks, and NBFCs.
I'm excited to share my analysis on CAMS, showcasing a promising long-term positional buy:
Current Market Price: 4186
Stop Loss: 3000
Targets: 4780 and 6500
Analysis and Reasoning:
Pattern: Rounding Bottom Breakout
Breakout Timeframe: Monthly
Calculation: The rounding bottom spans from 2037 to 4067, indicating a potential gain of almost 2000 points. This projects a target of approximately 6100 (4067 + 2000).
This milestone is a testament to my dedication, hard work, and strategic planning in market analysis. I'm passionate about identifying and leveraging market opportunities to achieve financial goals.
Note: I am not a SEBI registered analyst. Please consult with a financial advisor before making any investment decisions.
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