COROMANDAL INT - Approaching Cup&Handle & Ascending Pattern


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.
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Comment: Price has bounced from the support, it has been tested again.
hold tight, the resistance will break
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Comment: still struggling to cross 827-840 range, heavy sellers..resistance