PRECISION CAMSHAF NSE By KRS Charts
Date : 23rd May 2024
Time : 1:08 pm
Fundamentally Profitable Company Precision Camshaf is showing bullish trait.
--> In Weekly TF Cup & Handle Chart Pattern is visible with Bullish Continues Divg. with recent Low price point.
---> Breakout of C&H was held in July after that price action creating Flag & Pole Pattern from that time period, and currently took support from 100EMA and Neckline of C&H pattern.
Very First Upside Target is 333 Rs which is height of flag, Further Targets will be after price reach T1.
Thank You!
Have A Good Day!
Time : 1:08 pm
Fundamentally Profitable Company Precision Camshaf is showing bullish trait.
--> In Weekly TF Cup & Handle Chart Pattern is visible with Bullish Continues Divg. with recent Low price point.
---> Breakout of C&H was held in July after that price action creating Flag & Pole Pattern from that time period, and currently took support from 100EMA and Neckline of C&H pattern.
Very First Upside Target is 333 Rs which is height of flag, Further Targets will be after price reach T1.
Thank You!
Have A Good Day!
تم فتح الصفقة
Good Weekly Closing on 203~Rs.18th June was Ex-Dividend date so in case of gap down,
Better Entry will be 188 Rs to 196 Rs.
ملاحظة
ABOVE 174 Rs it safe Short term correction can be 187 Rs.
ملاحظة
PRECAM - Multiple Time it Took support from same price range.
- 100EMA is holding it in Weekly.
- 5+ % Upside today
- Near Range Breakout
ملاحظة
-200 Rs is Hurdle to Break and Sustain tooBecause 100Ema is right above it and 200 is psychological number too.
ملاحظة
Multiple Range Breakouts with 13% Upside Spike Today❤️ ملاحظة
Again Touched 8% Today 🎇⬆️تم فتح الصفقة
T1 is still Loading
Took Support on 100 EMA in 1D Tf.
تم فتح الصفقة
Back to the previous level after FVG got filled.
Breakout and closing above 283 what's we are looking for in PRECAM!!
تم فتح الصفقة
***ABOVE SHOWN TARGET WAS OF PREDICTED BREAKOUT***⚠️⚠️
But Actual Breakout was little different
Updated Targets CMP 295 Rs**
1️⃣ 313 Rs Flag Target
2️⃣ 352 Rs Cup & handle
3️⃣ 450 Rs Pole Target
تم فتح الصفقة
Target 1 Achieved ✅
In case of Profit Booking,
280 to 260 Price range will be good price for Avg. or New Entry!!
تم فتح الصفقة
This Week Reversed From 280 to 260 as Mentioned above 🙄
Let see Breaks and Makes New High or not 🤞
تم فتح الصفقة
10 % Move Today
T2 is near 352 Rs. 🤞
ملاحظة
Target 2 Achieved 🔥أغلقت الصفقة: تم الوصول للهدف
Exit Criteria - 1W TF + 8 EMA | Closing below 8 EMA and you can Exit PRECAM 👍
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.