I hope this message finds you well. I wanted to provide you with a brief update on the stock COCHINSHIP I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 1250-1270 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 930-900 In Downmove.
Resistance Levels to Watch out.
R1= 1210 R2= 1280 R3=1340
Support Levels To Watchout.
S1= 980 S2=900 S3= 820
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards, Ajay Metha
Note
Not Breaking Resistance
Note
Successfully Resistance Broken
Note
Support taken Near 982 now will wait for 1100 level
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