Cochin Shipyard Ltd is the largest shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India. Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. We recently see a good conslidation in defence stocks and now...
Date : 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...
-Posted great results. Whole defence sector strong. -Breakout from long base. -After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle. -Tightness - Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume. -Downtrendline tested 3 times.
Date : 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...
Date : 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. • ...
Date : 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....
Cochin Shipyard has given a breakout of multi year trendline resistance. Looks all set to fire.....
Buy cochinshipyars above 1139.90 ontl the 1hr closing and put stop loss below 1069.the target will be 1443.any time it will fly
Buying COCHINSHIP in DAILY positional trade Good structure making HH-HL.
Stock is trading at all time high and formed a Price Action Pattern Rounding Bottom, wait for stock to give a strong Breakout. CMP : 678 Target : 757 Target 2: 853 Target 3 : 963 Stoploss : 639 This is not a buy or sell call, this analysis is shared for educational purpose.
NSE:MAZDOCK has out-performed its peers NSE:COCHINSHIP and NSE:GRSE since the start of 2023. However, all 3 stocks have out-performed the market. These 3 have created significant wealth for investors. Fundamental triggers are plenty for these companies. Defense sector is looking very strong and one should definitely keep an eye on these 3. Order book is also...
COCHINSHIP:- Stock has formed head and shoulders pattern, wait for breakout Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
8th trade in the series Buying COCHINSHIPYRD in hourly POSITIONAL trade
📊 Pattern: Rounding Bottom 📌 Symbol/Asset: COCHIN SHIPYARD 🔍 Description: Moment Stock with Possible Breakout 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Cochin Shipyard Ltd has formed Cup & Handle Pattern. Can be added after breakout around 555-560 with target of 700 and set Stop loss at 527. Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
Who else is waiting for breakout on 15 min/ 30 min/ 60 min time frame with triangle pattern contracting from bottom....
Cochin shipyard is about to give parallel channel breakout. If it crosses 521 tomorrow then 630 and 700 are two potential target in next 2-3 days.
Stock looking good Positive news+ technical confirmation