CONCOR positional View !!
CONCOR : cmp : 686.55
A falling resistance trendline breakout done in Daily chart.
Closed above 680 level as well as previous high. RSI trending up.
Good base formed near 640-660.So downside limited.
Accumulation zone :660-680
Profit booking zone may be 701 - 741
Sl 671 Dclbs /According to ur risk apetite.
Positionally can move above 800+
SL 648 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
A falling resistance trendline breakout done in Daily chart.
Closed above 680 level as well as previous high. RSI trending up.
Good base formed near 640-660.So downside limited.
Accumulation zone :660-680
Profit booking zone may be 701 - 741
Sl 671 Dclbs /According to ur risk apetite.
Positionally can move above 800+
SL 648 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Trade active
1st tgt reached.
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