trendline breakout setup buy above 395 for intraday and swing
for swing keep stoploss below 370 for target of 433, 490
for positional can add in dips till 360 and stoploss below 345 target 490, 590
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo befo
COCHINSHIP
COCHINSHIP is at Support can give 25% returnsI will buy COCHINSHIP because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting.
Entry : 334
Target : 430
Stop loss : 331
CochinShip testing key resistance zoneNotes:
420-425 has been a long term resistance for the scrip.
The scrip has previously defined this range to be crucial through multiple rejections (as highlighted).
The most recent candle could be a pullback. Will have to wait for the confirmation candle to confirm it.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.





