Cochinshipyard
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.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
#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
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
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.