Precision Camshafts Ltd.

Precision Camshafts cmp 307.95 by Daily Chart view

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Precision Camshafts cmp 307.95 by Daily Chart view
- Earlier Resistance Zone at 298 to 308 now may act as Support Zone
- Stock Price is way above and well sustained over the EMA 9 - 21 - 50 - 100 - 200
- Support Zone 278 to 285 Price Band and neckline to Bullish Head & Shoulders setup
- Daily basis Support at 278 > 232 > 194 with Resistance only at the current ATH 331.70
- Bullish Head & Shoulders Technical pattern setup done with the neckline at Support Zone
- Stock had hit ATH 331.70 on 17th October, 2024 to face the usual profit booking but poised for New Lifetime High Milestones beyond the ATH basis the good Technical Pattern Setup on the chart

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