Camex LtdIncorporated in 1989, Camex Ltd is in the business of manufacturing and trading Dyes &
Chemicals, Company is in the business of manufacturing, trading, Import and Export Dyes, Chemicals
& Intermediates and Metals. It is a part of Camex Group which has an interest in Chemicals, Plastics, Polymers, Wellness & Trading.
Companies within the dyes and pigments industry are exhibiting a bullish trend, in alignment with the broader chemical sector.
CAMEXLTD trade ideas
Camex Ltd - Flag Pattern (Weekly)Risky trade but a possibility of big returns between 20 to 100% possible in CAMEX Ltd
Technical Analysis:
There are multiple resistance but they have been tested multiple times and now a breakout from flag pattern could give higher returns
CMP: 30.38
Targets and Stop loss on the graph itself.
Monthly chart also looks strong considering it has been in a range for over a decade a breakout would mean a multibagger (Time frame for this could be more than a year)
On Daily it looks interesting and seems good support and candlestick pattern
Very Bullish on this stock
Also fundamentally looks a decent pick
But trade according to your risk, Not sebi registered