Cochin Shipyard Limited
Long
Updated

COCHINSHIP - Bullish Swing Reversal

688
NSE: COCHINSHIP is closing with a bullish swing reversal candle supported with volumes.

Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.

The stock has been moving along the horizontal support for the past few days which is indicating demand.

One can look for a 8% to 13% gain on deployed capital in this swing trade.

The view is to be discarded in the event of the stock breaking previous swing low.

#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Trade closed: target reached
Nailed it! 🎯

NSE: COCHINSHIP smashes through the target, showcasing the power of our well-asserted analysis.

#TradingView #ChartVictory #ProfitConquered

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.