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srikartiram

COROMANDEL | Breakout after 135 days consolidation

Long
COROMANDEL INTL (NSE:COROMANDEL)  
srikartiram Updated   
NSE:COROMANDEL   COROMANDEL INTL
Flag Parallel Channel Candlestick Analysis breakout consolidation-breakout shortterm waitforretest riskreward alltimehigh
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flagpattern parallelchannel candlestick breakout consolidation-breakout shortterm waitforretest riskreward alltimehigh
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.
Comment:
Flag pattern in weekly time frame

snapshot
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