CAMS

Technical Analysis of CAMS

is currently in a consolidation phase after a sharp correction from its peak near ₹5,200. The stock has found strong support around ₹3,619 and is attempting to build a base, with recent price action forming higher lows. Resistance is clearly visible at ₹4,127, which has been tested but not convincingly breached. A breakout above this level could signal the start of a fresh uptrend, while a breakdown below ₹3,619 may lead to retesting lower levels near ₹3,000. Volume remains moderate, suggesting cautious accumulation; a spike on a breakout would confirm strength.