TradingView
tradewithamey_
Mar 16, 2023 11:18 AM

Concor showing signs of bottoming down Long

CONTAINER CORPNSE

Description

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
More