CAMPUS trade ideas
Campus Activewear Ltd Trend AnalysisPrice broke out of the ending diagonal and strong bullish divergence with RSI signifies trend reversal.
Good to accumulate around CMP for the following targets:
Short term swing target @ 460 (47% ROI)
Medium term swing target @ 520 (66% ROI)
Long term positional target @ 640 (104% ROI)
100% ROI seems achievable within a year.
Rise in PE is due to decline in net profit whereas sales growth is consistent.
Fundamentally seems overvalued but technically it's good time to buy.
Do your own due diligence before taking any action.
Peace!!
SCRIPT : CAMPUS ACTIVEWEAR Script Campus Activewear
Cmp 319
At present very good support level so with minimal risk
Buy at cmp
Sl below 300 and 280 for risk takers
Targets 🏆 are big and achievable with partial profit booking
TGT : 500-600-700+
Pos : Good promoter holdings
Increase FII stake
Decreased retailers stake
At good support
Fundamentals are good
Cons: sentimental dependence
Low growth in section
Note : Just an idea not any personal recommendations for buying or selling of the particular mentioned stocks .. its just for educational purposes only
Small Stops Allowed DCB Below 350 all Positions should be terminated rest, we can try some small momentum play in the script.
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