tradewithamey_

Concor showing signs of bottoming down

Long
tradewithamey_ Updated   
NSE:CONCOR   CONTAINER CORP
Concor has given sharp fall from 52 week high of around 828 . Currently stock is in a channel and RSI is showing a positive divergence clearly.
Risk reward ratio at 575-580 levels is very high since there is a strong support at 550-555. Above 610, 660 is the next strong resistance level.

Keep in radar and trade with your own analysis. This idea is shared for educational purpose only.
Trade active:
T1 done. Slowly moving towards T2.
Trade closed: target reached:
T2 done!
670+ today

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