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COROMANDEL | Breakout after 135 days consolidation
COROMANDEL INTERNTL. LTD
Long
COROMANDEL | Breakout after 135 days consolidation
By srikartiram
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Updated
Dec 28, 2020
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Dec 28, 2020
COROMANDEL | Breakout after 135 days consolidation, simple channel breakout. Also looks Flag in weekly time frame.
Looks good for 18%
CMP : 845
SL : 790
Target : 980
P.S : Ideal to enter near 840 zone for better risk reward, hope to see some retracement in a couple of days.
Dec 28, 2020
Note
Flag pattern in weekly time frame
alltimehigh
breakout
Candlestick Analysis
consolidation-breakout
Flag
Parallel Channel
riskreward
shortterm
waitforretest
srikartiram
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