CAPLIN POINTStock is consolidating. If manages to close above 500 will add it for 530- 550. Will add some qty @ 467 and will double qty @ 440 if dips comes.
CAPLIPOINT trade ideas
Target for this beast .. Rs. 800++ for CaplipointMy target for this is based on Elliott Wave count, and other metrics. Rs. 800++ is very much possible.
Caplin Point - Bullish Caplin Point CMP - 584.35 Looking bullish and can be invested for short term.
Buy @ 578 - 588 / SL - 565
Target 1 - 600
Target 2 - 620
Target 3 - 650
Note: This is my view and for educational purpose only
MUST BUY: CAPLIN POINT LAB LOOKING FIREBALLPLEASE SEE CHART FOR DETAILS
TARGET 1: 650
TARGET 2: 700
STOP LOSS : 520
**These are my personal observations. Please trade at your own risk.**
CAPLIPOINT LONGWedge breakout
Donchian Hourly Breakout
Super Trend Breakout
Overall trend up
But...
Small volume, add more on confirmation
CAPLIPOINT - Go LongCorrection over and up move has been started. Expecting to reach 725+ in a week or two. If my idea helps you then please click like and provide your feedback.
Caplipoint - Potential Rounding Bottom Pattern BreakoutCaplipoint seems to be forming a Rounding Bottom Pattern with neckline resistance at 460. A decisive break above could open pattern targets towards 540-580. Pattern negated on a decisive fall below 400.
consolidationIt is in consolidation since few months now, playing between 670-521.Though fundamentals are strong and good results.
BO Caplin point from falling trendlineThe stock appears to have broken the falling trend line but facing another immediate resistance of Rs1250 above this level the stock can move another 100 bucks before facing another hurdle. But most likely the stock will retest its all time high of 1645 soon
