CAMS | Cup and Handle | Breakout | Good volume

### **Technical Analysis of CAMS (Computer Age Management Services Ltd - NSE)**
The chart highlights a **cup and handle** pattern, signaling bullish continuation.

### **Pattern, Target & Stop Loss:**
- **Cup and Handle Formation:** Indicates prolonged accumulation followed by a breakout attempt.
- **Breakout Level:** **4,125.00 INR**—if price sustains above this, the bullish trend strengthens.
- **Target Price:** **5,213.00 INR**, projected based on cup depth, reflecting **26.38% upside**.
- **Stop Loss:** Ideally near **3,950.00–4,000.00 INR**, below handle support to manage risk.

### **Volume Analysis:**
- **Current Volume:** **Significant increase**, confirming strong buying interest.
- **Validation:** Sustained volume above moving average is critical for confirming trend continuation.

### **Indicators to Watch:**
- **RSI:** Above **60** strengthens bullish conviction.
- **MACD:** A bullish crossover would reinforce momentum.
- **Support Levels:** **4,125.00 INR**—must hold for trend continuation.