Concor
CONCOR - DailyCONCOR - Daily
Todays closing is at the junction of a 200 EMA + Fib retracement Level and Trend line. MACD has also become positive.
Results will be the required spark to lift the momentum as already the containers are in extreme shortage.
As per the Fib Retracement one can initiate buy above 417 for a short term first target of 464....
Self Explanatory chart with all the targets
one can have a SL Closing Basis at 380 levels
Concor Looks InterestingCONCOR looks really interesting. A buy above Rs.465 can take the stock to Rs.565, giving a good 100 rupees profit with limited risk. Once a B/O happens, our resistance of Rs.465 will become Support and hence our Stop Loss for this trade. Trade becomes active only above Rs.465, do not enter before that.
CONCOR PARALLEL CHANNEL BREAKOUT FOR TARGET OF 437+In today's session CONCOR shown potential breakout of its supply zone. After the breakout, it's corrected and sustain above its supply zone which is acting as support after the breakout. In the last 15 minute session seen again buying interest in this stock so possible, we will get 437+ target in tomorrow session.
Possible trade:
Buy CONCOR Above 418
Stop-loss 413
Target 437+(1:3+ risk-reward)
Intraday and Swing Setup: Price looks extremely good. Moving up Intraday and Swing Setup: Price looks extremely good. Moving up really strongly. 2 patterns I can see ascending triangle as well as a bullish head and shoulder pattern.
Enter between 416 to 419 with SL of 410 for the target of 440/460+.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
CONCOR - RANGE BREAKOUTA Clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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