Possible breakout in Cochin Shipyard...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Cochinshipyard
COCHINSHIP can Sail to the other side?COCHINSHIP has given a breakout from Ascending triangle pattern which it has been trading under from the last three months. The target, according to the pattern, is near to the possible 2-year trendline. If it can cross these levels, the next resistance can be High of the previous swing which is around 490 levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
Go long in cochin shipyardvery good pattern if it breaks the resistance very good move expected.....pl. study yourself before investing positional
