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learnwithmababy

COCHINSHIPYARD is in Trend Line Support and is Bullish!!

Long
COCHIN SHIPYARD LTD (NSE:COCHINSHIP)  
learnwithmababy  
NSE:COCHINSHIP   COCHIN SHIPYARD LTD
Trend Lines
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0
trendline
CochinShipyard had formed MORNING STAR pattern exactly in the trendline support in weekly time frame. Right time to enter. When you observe previous movement the stock has exactly taken support at trend line and moved upward giving good returns.

Enter @ CMP 363. you can add on any dips too.
Stop Loss : 342
Target 1: 440
Time frame:1-2 months.
RiskReward: 1:4

Trade @ your own risk. Its my own analysis and any inputs are welcome.
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