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Cochin Shipyard Limited
Long
Updated

CochinShip testing key resistance zone

107
Notes:
  • 420-425 has been a long term resistance for the scrip.
  • The scrip has previously defined this range to be crucial through multiple rejections (as highlighted).
  • The most recent candle could be a pullback. Will have to wait for the confirmation candle to confirm it.



Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Note
Still consolidating
Note
Still waiting since the candles are hugging the resistance zone.
Trade closed manually
Broke down... Will need to wait for the next time it comes near the top.
the_consolidation_guy
Chart PatternsCOCHINSHIPcochinshipyardTrend Analysis

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.
Chart PatternsCOCHINSHIPcochinshipyardTrend Analysis
the_consolidation_guy

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.