Possible trade: Buy Concor above 400 SL 395 Target 420+
can buy above 402 for target of 406 and 411
Selling range - 360-364 SL - 370 T - 344 RSI is over sold better to sell in jump only. Don't sell if it doesn't comes in selling range i.e 360-365.
follow
NSE:CONCOR Hi Traders, CONCOR trade setup on chart and Entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us ...
Container Corporation of India Limited ( NSE:CONCOR ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or...
Price took support from the same levels for the third time, and also price took support from the parallel channel and reached the top of the channel. It is a strong bullish close and looking for the break of the channel. The other way we see that is double bottom, so trade like it is a DB.
CONCOR - Medium term view - Looking bullish and following the trendline
Concor (Short Term View) a. Zone: Strong Bull b. Resistance 1: 416.65 c. Resistance 2: 457 d. Support 1: 387.80 e. Support 2: 378.20 Concor (Intraday View) a. Zone: Strong Bull b. Resistance 1: 414.10 c. Resistance 2: 416.70 d. Support 1: 390.85 e. Support 2: 388.25 NSE:CONCOR
Trade at Breakout!! NSE:CONCOR
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Note: This is for educational purpose only. There seems to be a bearish cloud cover pattern at channel's resistance. Moreover, this is supported by spike in volume. This denotes that bears are taking control.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
FUNDAMENTALS: Container Corporation of India: Navratna Public Sector Undertaking under the Indian Ministry of Railways. Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots from Indian Railways 52-wk low 263.40 52-wk high 666.00
Concorn Ready to break upward Keep watch Correction Ready to Buy Levels mention on chart...
I may take a long side trade in this Concor if it will hold it's major demand zone @ 390. If it will hold this level then it may test it's next supply zones on the upper side. Please find the Demand and Supply Zones for the target and stop loss.