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 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.