techmental_AK

Concor - for mid / long term

Long
NSE:CONCOR   CONTAINER CORP
TRADE PLAN for Mid / Long Term :
(6 months to 30 months)

Buy 25% at 680, 50% when comes down to 600 zone, balance 25% inbetween 610/670

Weak below 520 (day close basis)

Probable level is 1035

BASIS :
Inside bar breakout on Monthly
MultiYear breakout (since 2014) supply zone on monthly
Volume spurt on weekly candles
Bullish structure
Supported by Funsamentals

Comments

if it comes down to 600 then that would be a bad sign and a failed breakout
Reply
kabs148 T_Harth
@T_Harth, I also thinks so. 600 is a good support. If it breaks that, then, its a failed breakout. Moreover, somewhere around 360 is a support zone from where it always go back upwards.
Reply
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