Small buy on ConcorSmall buy on CONCOR as Divergence is formed.
Also it is on a good Support.
Volume Data is also Supportive
Concor
CONCOR Long at 755.00. Strict Stop LossContainer Corporation of India Limited Current Price 755.00. Stock likely to continue its momentum to complete wave 5 above 800.00 levels. A complete Elliot Wave move of stock since pandemic low suggest that wave 5 is in progress and likely to complete near 800.00 plus levels, possibly around 840.00 to 860.00 levels
Somewhere ready to give a huge BreakoutI have bought Concor @704 just to check whether it is ready or not to give a long breakout but as my instinct says and technical analysis also matches with my instinct. It is ready to become a rocket soon.Rsi is also greater than 60 on monthly time frame and Bollinger band is showing a long run.
CONCOR: Confluence of multiple Bullish PatternsNSE:CONCOR looks extremely bullish in weekly timeframe.
And note: There is a mulling over Govt for the potential disinvestment of CONCOR to reduce Govt shareholding from 55% to 34% and relinquish the management control to strategic buyer(s). Looks like market is factoring that in.
There is a 5 years long monthly trendline shown as the green slanted line
Then in weekly it creates a confluence of multiple bullish breakout pattens: W pattern, Cup-and-Handle, Ascending triangle - all points bullishness.
COI (Cumulative Open Interest) is showing sufficient long build up in Nov contract.
One can put a SL of 690 for a target of 785 and 840 thereadfter.
Please note: The bullish buildup seems in the anticipation of the disinvestment.
concorNSE:CONCOR
weekly chart : CONCOR
buy above 770-775 with sl 660 (closing basis)
target : 959 with time target on or before 24 apr 2023
high risk tread risk reward 1:2
CONCOR --INTRADAY SETUP -- 04/08/2022CONCOR --15 MIN CHART -INTRADAY SETUP
1. Stock seen trendline breakout at 15 min chart at last session look bullish from current level
2.Trendline support seen at 695 level , can be look as intraday support for next session
3. matrix candle seen above 0 line at last 15 min closing candle
4. intraday buy can initiate at current level 699 for target 610-620 Stop loss bellow support line 688
5. no trade initiate if gap down open bellow 690 level .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!
HAPPY TRADING !!
#CONCORLevels to be reached
638.65 / 611.05 / 597.20
IZ Support 603
Reducing Score
Reached Q3 RRG
Lack of momentum
CONTAINER CORPORATION BREAKOUT WEEKLYContainer corporation looking bullish on weekly chart given breakout on falling resistance trendline and given breakout on macd indicator too with positive crossovers score seems more bullish trend is coming in this stock.
CAUSE OF LONG -:
1- Breakout on falling resistance trendline
2- Positive crossovers on macd indicator
ConcorConcor support zone orange line... Short term good time to buy .... almost concor forming Rectangle pattern but not clear to see.... ...Self study, risk manage, fix ur risk reward ratio then u decide to buy this stock or not....
My idea only on education purposes
concor swing trading idea. educational & interactive posttry to find setup in chart and comment.
watch my past posts for reference
ConCor Analysis !! BrokeOut.📈 Container Corp. 📉
This Stock broke out from a Beautiful Falling Wedge Pattern after spending Six Months inside this and that too with very strong Green Bar.
It Would be worth paying attention to this chart. I am biased on long side although risk reward is not in favour if I consider 750 as target but after 750 it’s absolutely favourable.
On Buy Side I am looking for initial Targets of 740-750 zone and after that will review.
StopLoss should be kept in 600-605 zone.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
concor target as per current formations 1001 as per formation on charts with 550-560 as base and stop loss
CONCOR: Bullish BreakoutStock is rising in impulsive manner. We can clearly spot impulsive nature of price action. Currently we can expect the 4th wave completion & the stock is rising up into its 5th wave.
One should buy the stock with SL OF 610 & look for the target of 900-980 zone.
Long ConcorChart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CONCOR LongNSE:CONCOR
NSE:CONCOR trading bullish and chances to take small retracement and post completion, high chances to bounce from support.
Attached few charts below practiced from past two weeks.
Sharing for reference.
Happy LEarning
CONCOR: Bullish ContinuationStock is rising in impulsive way. We can clearly spot impulsive nature of price action. Currently we can expect the 4th wave completion & the stock is rising up into its 5th wave.
One should buy the stock with SL OF 580 & look for the target of 900-980 zone.
Concor Breakout With VolumeCONCOR has given trend line breakout in daily chart with good volume and also it's wedge pattern breakout. Anyone can buy above 670 with SL 630 for positional.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CONCOR Swing tradeTrendline breakout in CONCOR. Looks good for swing trade at cmp. SL below the TL clb.
CONCOR WATCHOUTOpen chart for detailed analysis (Maruti like pattern here)
Any breakout from this level can give a good momentum
Target 1 : 680
Target 2: 710
FOLLOW FOR MORE IDEAS
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS.
Concor futures*for educational purpose only!
*all levels derived from the daily chart of Concor futures
CMP:- 626.10
Supports:- 619.50 / 582.95
Resistance:- 646.5 / 694
Simple idea could be
Buy above 619.50 for targets of 646.50 & 694.00
Sell below 619.50 for target of 582.95
619.50 looks like a good support here.
