Riding the Inverted Head and Shoulder Pattern here. Weekly chart so time frame is minimum 3months to a year. MACD is about to crossover. Took support at 20 EMA.
Concor looking strong on charts Given A breakout after consolidation of few months Good volume seen on the breakout candle It can be a good buy candidate for coming few weeks Safe traders can wait for the level of 745 DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
NSE:CONCOR Container Corporation Of India Limited - Given Wedge Breakout With above average volume, RSI and MACD both look attractive. Target 791 Stop loss 700
Add this counter for medium to longterm portfolio, it will give you good returns. Took support on breakout level and bouncing back catch it on its first move for min 10-15%
CONCOR looks good for Swing traders with SL : 670. Plan your risk first before taking any position.
Buy @684, SL-680, TGT-691 Sell @679, SL-683, TGT-670
concor chart analysis for intraday and swing trading
Sell @669, SL0773, TGT-660 Buy @774, SL-770, TGT-681/682
CONCOR - Triangle patter forming - wait for level break on any side Levels are given for education purpose only.
Concor looking in consolidation mode. Buy on dips for move towards life high !!
concor chart analysis for intraday and swing trading
In 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...
NSE:CONCOR Do not trade in "No Trading Zone". Better to take safe trade. Need strong Breakout or breakdown candle to trade in either of side. All the best.
Concor upmove possible Indicator used Ema 55 Ema 21 Hekinashi
Concor 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 looks in Wave 3 which should take it higher targets of 700+ after which it may retrace to Wave 4 and then again may rise to Wave 5
Container corporation is at weekly Breakout good for Delivery with stop loss 695