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
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
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