#COROMANDEL trading above Resistance of 1680
Next Resistance is at 1938
Support is at 1456
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#COROMANDEL trading above Resistance of 1456
Next Resistance is at 1680
Support is at 1239.80
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
The one-day time frame chart of Coromandel International stock is looking gold due to strong price action. After a breakout, the stock started an upward move, forming higher highs and higher lows twice, which indicates a solid bullish price action. Recently, the stock traded at an all-time high of Rs. 1273.95, followed by some profit booking. If the price follows...
Om Birla has been successfully elected as the Speaker of Lok Sabha at the convenience of BJP. Session is set to begin. Finance Minister will be ready with her Budget anytime now. And we all know what happens when Budget comes and considering the performance of BJP in UP, Harayana and Rajasthan, farmers will get far more than what we expect, if not the farmers,...
Coromandel Intl (NSE) has been on an upward trend for the past few months, with higher highs and higher lows. Recently, the price appears to have broken above a resistance level around ₹1,271.69, which could signal a continuation of the uptrend. Additionally, the trading volume on the day the chart was published was slightly above average, indicating potential...
NSE: COROMANDEL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 18% gain on...
COROMANDEL :- Rounding bottom pattern is formed, if upside breakouts and sustains, we may see upside movement
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...
COROMANDEL fut is trading in higher high/higher low pattern & broke aout descending triangle pattern on daily TF with good OI build up.
Could be bought with mentioned stoploss & target.
Coromandel looks a good buy around 875 - 865 with the SL of 830 for the marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Chart is self explanatory.
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.
Coromandel coming towards it's demand zone @ 860 - 840 and expecting a bounce towards 885, 905, 940 and 960 levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NSE:COROMANDEL
Coromandel International - Short Term Pick - Buy @ CMP:1040 SL-960 Target - 1190
Swing Momentum is in play unless we break below 960 on closing basis . Risk Reward is around 1:1.90 which seems decent for such conservative stock :)
Do Comment , share and "LIKE" if you find this info valuable to use .
Attached below few Related Ideas posted...
Coromandel has given a breakout for cup and handle pattern.
For the benefit of those who are new, it is a bullish pattern.
On 29/6/22 it has given a MACD breakout with good volume.
It is followed up by cup and handle breakout on 4/7/22, the breakout has happened with good volume as shown in the chart.
On next day it has retested the breakout level and today it...
buy above 985 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
