NSE: CONCOR -Near to break resistance @ 703

Jan 20, 2019

NSE: CONCOR -Near to break resistance @ 703
Stock has corrected since May 2018 from 703 to 541
Since then bounced back to touch 700 level and moving sideways near to 703
Formed triangle like pattern between 541 to 700
Technically make or break situation
Possible Long @ current/ above 703 close level with stop loss 642
Target insight 740, 763 & 801
Below 642 level (Strong Support), further downside might begin.
Use Stop loss and Trail stop loss

Jan 27, 2019

Trade active

Not able to break resistance. Stop loss 642 is also a good support on closing basis.

Feb 9, 2019

Note

1:4 bonus prices adjusted

Feb 16, 2019

Trade closed manually