spsinghsan

Coromandal no resistance till 820 -go long

Long
NSE:COROMANDEL   COROMANDEL INTL
NSE:COROMANDEL
Stock on weekly charts in uptrend .
Closed over 50 ema from below and formed flag pattern formation .
RSI expected to cross 60 in 1/2 sessions and MACD line also going over 0 .
buy at current price 755/765 tgt 820 Sl 725
Comment: in 1 hour chart on FIB retracement level stock has gone below 61 % retracement . Bears seems taken over .Support range abt 730
Comment: 11nov-stock formed long legged doji.no action before 730 close
Trade closed: target reached: stock over 820 tgt .

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