#Campus activewear on daily time frame is making a pattern on popular shampoo pattern, Head & shoulder. A daily close above 261 can take this stock towards 294/308. This is a company where around 12.5% stake is held by FII&DII put together and these big sharks never enter for small gains. Campus is going to publish their results on 28th May, so volatility will be at its peak. Below 240 will be exit sign for me. Lets see if we get desired movement or not.
Trade closed: target reached
294 achieved, 308 missed by 6points. Now trail SL for remaining qty is at 260 and try to trail for bigger targets.Note
After the breakout now this stock is now at retest of 320 level, I am planning to add some here and some more at 300/295 level. Will exit below 270
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.