📈 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...
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.
CONCOR has given trend line breakout in daily chart with good volume and also it's wedge pattern breakout. Anyone can buy above 670 with SL 630 for positional.
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.
LNA stand for Late night analysis
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick...
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
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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