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Cochinshiplong

Cochin Shipyard Ltd - Breakout OpportunityDate : 6-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 1,853 Targets: (1) Rs. 2,100 --> (2) Rs. 2,390 --> (3) Rs. 2,860 SL : Rs. 1,630 on daily close basis Technical View: • NSE:COCHINSHIP is going through it's secondary uptrend within primary uptrend. • After touching the high of 2100 on 3-Jun-2024, it has retraced 22% to 1630.55 level. • On 6-Jun-2024, NSE:COCHINSHIP has broke out from minor downward line within secondary uptrend. • Prices are trading above 20 DMA, 50 DMA and 21 DEMA. • RSI is trading at 60.62 and MACD is trading at 164.40. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:COCHINSHIPLong
by vicky252
Cochin Shipyard Ltd - Breakout OpportunityDate : 14-May-2024 Rating : Buy - Positional Trade LTP : Rs. 1,343.20 Targets: (1) Rs. 1,508 --> (2) Rs. 1,718 ++ SL : Rs. 1,170 on daily close basis Technical View: • NSE:COCHINSHIP is in its primary uptrend and also going through it's secondary uptrend. • Within the current secondary uptrend, NSE:COCHINSHIP has retraced 15% from top. • On 14-May-2024, NSE:COCHINSHIP has broke out from minor down trend line with higher than average volume. • NSE:COCHINSHIP has also closed above 20 DMA and 21 DEMA on 14-May-2024. • RSI is trading at 64.28 and MACD is trading at 63.43. • Looking strong to continue the current uptrend. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:COCHINSHIPLong
by vicky252
8
Cochin Shipyard Ltd - Breakout OpportunityDate : 1-Apr-2024 Rating : Buy - Positional Trade LTP : Rs. 968.3 Targets: (1) Rs. 1,088 --> (2) Rs. 1,320 SL : Rs. 880 Technical View: • NSE:COCHINSHIP is in its primary uptrend since Jun-2023 and was recently going through it's secondary downtrend. • After touching the life time high of 945 on 31-Jan-2024, it has retraced 25% to 713.35 level. • NSE:COCHINSHIP has broke out from its secondary down trend on 1-Apr-2024 with higher than average volume. • RSI is already above 50. MACD is also already above 0. • Since last few sessions, it has also sustained above 20 DMA. • Looking strong to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:COCHINSHIPLong
by vicky252
1
Cochin Shipyard Ltd. - Mid and Long Term OpportunityDate : 4-Dec-2023 Rating : Buy (Mid Term as well as Long Term Opportunity) LTP : Rs. 1,188.65 Target: (1) Rs. 1,258 --> (2) Rs. 1,497++ Outlook : The order book of NSE:COCHINSHIP has jumped to Rs. 22,000 crore, which is six times its expected revenue in the current fiscal. Further, the company is eying new projects having a bidding pipeline of about Rs. 84,000 crore for the next one year. In the first half of the current fiscal, NSE:COCHINSHIP has achieved about 35 percent of the revenue guidance of about Rs. 4000 crore for the fiscal 2024. To counter China in Indian Ocean region, India plans to have 160 warships by 2030 and 175 by 2035 at an estimated cost of two trillion rupees. The INS Vikrant joined the fleet last year and was made by a popular Defense Public Sector Undertaking (DPSU) Cochin Shipyard Limited . Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:COCHINSHIPLong
by vicky252