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CONCOR: Formed Cup & Handle Pattern
CONTAINER CORP OF IND LTD
Long
CONCOR: Formed Cup & Handle Pattern
By paras0408
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Updated
Jun 8, 2023
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May 18, 2023
CONCOR has formed Cup & Handle Pattern and started to gave breakout from 625.
Can be added around 625-635 with expected target of 690 and set Stop loss at 600.
Pattern is forming on hourly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
May 18, 2023
Trade active
May 24, 2023
Comment
663-665 is strong resistance level and if that resistance is broken then next target could be 683-685.
May 29, 2023
Comment
As expected 663-665 resistance level is broken..
Jun 8, 2023
Trade closed: target reached
Now stock headed sideways but reached at 680 level. We can say our target is almost achieved.
Jun 8, 2023
Comment
Today reached till 688. Target Achieved.
concor
concorbuy
concorlong
Cup And Handle
cupandhandlebreakout
cupandhandlelong
cupandhandlepattern
paras0408
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