🚀 Craftsman Automation: Ready for New All-Time High?
📍 CMP: ₹6900
📉 Stop Loss: ₹5218
🎯 Targets: ₹8000 / ₹9000 / ₹10000
📈 Technical Setup:
Rounding bottom breakout pattern visible on daily/weekly charts
Strong volume base formed around previous swing low at ₹5200
Ideal for swing to positional traders
High SL zone—use limited quantity and add via pyramiding as momentum builds
Past price behavior suggests sharp vertical moves once breakout sustains
🧠 Pro Tip:
Avoid going heavy initially due to deep stop loss—add on confirmation and strength. Stock tends to squat before running, so patience is key.
🔔 Notification:
Options and stock trading are risky instruments. Be careful with fund size and position sizing. Trades shared are based purely on technical analysis and personal study.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
📍 CMP: ₹6900
📉 Stop Loss: ₹5218
🎯 Targets: ₹8000 / ₹9000 / ₹10000
📈 Technical Setup:
Rounding bottom breakout pattern visible on daily/weekly charts
Strong volume base formed around previous swing low at ₹5200
Ideal for swing to positional traders
High SL zone—use limited quantity and add via pyramiding as momentum builds
Past price behavior suggests sharp vertical moves once breakout sustains
🧠 Pro Tip:
Avoid going heavy initially due to deep stop loss—add on confirmation and strength. Stock tends to squat before running, so patience is key.
🔔 Notification:
Options and stock trading are risky instruments. Be careful with fund size and position sizing. Trades shared are based purely on technical analysis and personal study.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.