High Risk:Reward Set-up (positional only)

CAMS has been in constant downtrend for last 20 months.

Now it has given a 20 month trendline breakout.

Once can add some quantity at cmp 2200 and add more when it closes above 2350 (closing above weekly 100 EMA) for a positional target of 2670.

Put stop loss slightly below 2000.

This is purely a positional idea and this weekly candle closing above the trendline is very important - keep in check.

Learn & Earn,

Dr. Tanya Kumar
Chart Patterns

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