CONCOR: Channel Breakout & formed Cup & Handle Pattern
Updated
Container Corporation has given a channel breakout and formed Cup & Handle Pattern.
#Current Price - 730
#Expected Target - 870
#Resistance Based Targets
- Target 1 - 750
- Target 2 - 780
- Target 3 - 814
- Target 4 - 870
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 688 (For low risk tradders)
- Target 2 - 663 (For risk taking tradders)
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
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#Current Price - 730
#Expected Target - 870
#Resistance Based Targets
- Target 1 - 750
- Target 2 - 780
- Target 3 - 814
- Target 4 - 870
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 688 (For low risk tradders)
- Target 2 - 663 (For risk taking tradders)
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
Trade active
Target - 1, Target - 2, Target - 3 - Already reached.Target - 4 - Almost about to reach.
Trade closed: target reached
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