Craftsman Automation: Ready for New All-Time High?

🚀 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.