The outlook for Campus Activewear is bullish. The inventory has surged over 7 per cent within the final couple of days, indicating that the upmove has gained momentum. The three per cent rise on Wednesday has taken the share value effectively above a key resistance degree of ₹290. The shifting common crossover on the each day chart additionally strengthens the bullish case. Assist will now be within the ₹292-₹289 area which might restrict the draw back.
Video Credit score: Gurumurthy OkCampus Activewear’s share value can rise to ₹320 within the coming weeks. Merchants can go lengthy now at ₹300. Accumulate on dips at ₹294. Maintain the stop-loss at ₹286. Path the stop-loss as much as ₹306 as quickly because the inventory strikes as much as ₹311. Transfer the stop-loss additional as much as ₹313 when the worth touches ₹317. Exit the longs at ₹320.
(Notice: The suggestions are primarily based on technical evaluation. There may be threat of loss in buying and selling.)
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