Concor BuyIn this current market, Concor seems to be the goos trade in the coming days.
Fib retracement 50% support playing good Support for the stock DOJI formation at the bottom can be a reversal signal.
Don't be in hurry to trade SL can be 652 on closing Basis
Targets can be 700 and 730 for swing.
Buy Aug month contract for a good move.
Just like Wipro, good returns are expected from the stock Grandfather, Father, and son strategy.
If you have not seen This strategy watch my Wipro IDEA shared on Tradin View Results can furious.
Buy on dip here on the stock.
Concor
CONCORConcor has given parellel channel breakout along with all good setups
can go long at current levels, All key levels are mentioned in chart along with stoploss and targets.
Key Levels
Bollinger Band
Dmi Adx
RSI BUY
MACD
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
Concor - for mid / long termTRADE PLAN for Mid / Long Term :
(6 months to 30 months)
Buy 25% at 680, 50% when comes down to 600 zone, balance 25% inbetween 610/670
Weak below 520 (day close basis)
Probable level is 1035
BASIS :
Inside bar breakout on Monthly
MultiYear breakout (since 2014) supply zone on monthly
Volume spurt on weekly candles
Bullish structure
Supported by Funsamentals
CONCOR Analysis- Buy For 10%CONCOR
Buy- Above 645
SL - 630
Target- 660 675 692 715
Duration- 10-15 DAYS
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
CONCOR Daily Time Frame AnalysisWelcome your valuable comments on this script
For Short Term Can Buy at Current Cpm
With Stop Loss 560 that is recent Swing Low
For Long Term wait for All Time High Breakout
All Time High Resistance 666
Share Will Strong Bullish Above 730
for Target 1000 to 1100
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
CONCOR - Multi timeframe + Fibo+ Stage Formation + flagGave a break out from stage formation.
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!