CONCOR:- Cup and handle pattern has formed, wait for breakout, till then keep an eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
Small buy on CONCOR as Divergence is formed. Also it is on a good Support. Volume Data is also Supportive
Container 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
I 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.
NSE: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 ...
NSE: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 --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...
Levels to be reached 638.65 / 611.05 / 597.20 IZ Support 603 Reducing Score Reached Q3 RRG Lack of momentum
Container 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
Concor 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
try to find setup in chart and comment. watch my past posts for reference
trendline breakout on short term time frame. it may be fruitful provided we have closing BO
📈 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...
1001 as per formation on charts with 550-560 as base and stop loss
Let's Concor Ready for swift rise Impulse on D BO12 on W On M, Shunted Increasing score
Let's Concor Ready for swift rise Impulse on D On M, Shunted Increasing score
Stock 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.
Chart 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.