Cords Cables-Can it continue to be a multibagger?Cords Cables is a small cap company which is available at a perfect position technically.
Zone of 140-150 was a supply zone earlier which now should become a demand zone.
If stock manages to bounce from here with good volumes, it can continue its multibagger journey towards big targets.
However, if this zone is breached, stock can fall rapidly so it sis make or break level for stock technically.
Very risky. Keep in watchlist to study and learn.
Not a recommendation.
CORDSCABLE
Cords Cable Industries LimitedCORDSCABLE:- Has given breakout by making cup and handle, breakout after 4 year, stock had given breakout in middle of May 2021 also but could not sustain and that breakout failed keep your eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.