COROMANDAL INT - Approaching Cup&Handle & Ascending Pattern

Nov 26, 2020

#COROMANDAL

Patterns 1) Cup & Handle 2) Ascending Triangle.

• The resistance from 830-840 has been tested 3-4 times.
  

• Another push with good volume is likely to break this resistance and form new highs.
  

• Can trail profit at every 6-8%
  

• Immediate support at 770 and or at 724/trendline.
  

• Can buy on dips near 770 or at the support level.
  

• Best to buy above the resistance or at the support level
  

Dec 1, 2020

Trade active

Dec 14, 2020

Note

Price has bounced from the support, it has been tested again.
hold tight, the resistance will break

Dec 29, 2020

Trade active

Apr 16, 2021

Note

still struggling to cross 827-840 range, heavy sellers..resistance