COCHINSHIP - Ichimoku Bullish Breakout Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 441
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Cochinshipyard
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalCOCHIN SHIPYARD
Stock giving trendline breakout with volumes recently and then good bounce from BO levels
Buy above 355/360 levels on closing basis,
with SL of 340.
for positional targets of 375/390/410
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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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.
Cochin Shipyard - CMP: 412The stock is moving in a Wedge. It has given Rounding Bottom pattern breakout on the daily chart. It has also given trend line breakout. All oscillators are in positive bios. ADX also indicating strength in up movement. We can expect price movement up to 442 in the near term. Closing above 460 can move the price further up to 480 to 500 in the mid-term.
Will Cochin Again Hit 400!!!On Weekly Chart, Share trade in the range between 340 to 395. The last time when it breaks 395 level -it rises up to 441 and falls back to support level. From the Last three weeks, it starts momentum upside.
Short-term Target:
With stop loss 365, the target of 395 rs
Long Term Target:
Target of Rs 440 which is a 17% return with no stop loss.
I Will Update weekly basis.
cochin shipyard bearish. 340 supportA head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
In this case, we have a conviction of a bearish trend.
wait for trend to break 340.
318/305 are close targets.