CONCOR : Risk/Reward 1:6

Updated
Concor
Long 562
Stop 543.85
Target 666
Risk/Reward 1:6

I will post detailed analysis in updates later.
Trade active
Note
Concor Weekly Detailed Analysis. I am keeping the text low. Because no one has that much time to read. If you have any question or doubt feel free to comment.
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After all, It is a Navratna PSU under the Indian Ministry of Railways. Improvement of railways are under focus. And most important, It is in list of stack along with BPCL.
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Container corporation gaining momentum ahead of the budge on February 1, 2020
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Trade closed manually
Exiting concor at 568. Entry was at 562

Not wanting to get caught by the budget volatility, the market will give us many more opportunities to trade safely.
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