paras0408

CONCOR: Channel Breakout & formed Cup & Handle Pattern

Long
paras0408 Updated   
NSE:CONCOR   CONTAINER CORP
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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Trade active:
Target - 1, Target - 2, Target - 3 - Already reached.

Target - 4 - Almost about to reach.
Trade closed: target reached
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