CochinShip testing key resistance zone

Jun 15, 2021

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.

Jun 17, 2021

Note

Still consolidating

Jun 24, 2021

Note

Still waiting since the candles are hugging the resistance zone.

Jul 1, 2021

Trade closed manually

Broke down... Will need to wait for the next time it comes near the top.