Stock Analysis: Campus
Downtrend: Campus had been in a steady downtrend since October 2022, reaching a low of ₹213 in March 2024.
1) Trend Reversal: Recently, the stock broke its previous lower high of ₹300 with a strong bullish candle and high volume, indicating a potential trend reversal from downtrend to uptrend.
2) EMA Confirmation: The stock also crossed above the 200 EMA on the daily timeframe, providing additional confirmation of a bullish trend.
3) This dual confirmation suggests that Campus may be entering a new phase of upward momentum.
Please note: Those considering investing should perform their own fundamental analysis before making any decisions. 📑
1) Trend Reversal: Recently, the stock broke its previous lower high of ₹300 with a strong bullish candle and high volume, indicating a potential trend reversal from downtrend to uptrend.
2) EMA Confirmation: The stock also crossed above the 200 EMA on the daily timeframe, providing additional confirmation of a bullish trend.
3) This dual confirmation suggests that Campus may be entering a new phase of upward momentum.
Please note: Those considering investing should perform their own fundamental analysis before making any decisions. 📑
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