COROMANDEL is looking bearish in coming week. Disclaimer - Only for educational purpose.
COROMANDEL EQUITY levels ...14/05/2021 (D candle)
Price - 771.25 Dt. - 12.05.2021 Yesterday stock had given the breakout and stock continued the momentum today with small profit booking. With fertiliser stock is in focus we expect Coromandel to perform well in upcoming sessions and the stock faced resistance today at 773.85. If stock sustain above 773.85 then this stock can be a good bet. 21DEMA is ready to...
Invest in it for good long term return!
Breakout All time high with good volume after 5+ months consolidation. Can Accumulate @CMP for long term investment. Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal...
Note: This is for educational purpose only. There seems to be bullish breakout with Ascending Triangle formation. RSI above 65 shows bullish momentum. Moreover, there is rise in volume which supports the momentum.
NSE:COROMANDEL broke out today.
#COROMANDAL Patterns 1) Cup & Handle 2) Ascending Triangle. The resistance from 830-840 has been tested 3-4 times. Another push with good volume is likely to break this resistance and form new highs. Can trail profit at every 6-8% Immediate support at 770 and or at 724/trendline. Can buy on dips near 770 or at the support level. ...
STOCK WILL SOON GIVE A LIFE TIME HIGH BO SUGGESTING IMMENSE STRENGTH, ENTERING AN OPEN TERRITORY WHICH CAN BRING THE STOCK TO 1000 LEVELS WHICH IS COINCIDENTALLY ALSO DARVAS BOX TGT AT 997
Everything is mentioned in the chart.
Buy at CMP levels Target 1 - 760 Target 2 - 800 Stop Loss - 675
I will go LONG on COROMANDEL because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 723 Target -...
Coromandel International is engaged in the business of farm inputs comprising of fertiliser, crop protection, specialty nutrients and organic compost. The stock has declared EPS of Rs 8.55 during Q1FY21 as against full year EPS of Rs 36.35 which is ~25% of full year EPS. Considering the Covid lockdown the performance during Q1FY21 was good. Also the monsoon across...
Look fresh in 700-725 for upside 830 and 900 levels with SL 640..
coromandel int is in an uptrend in the long term and as per Fibonacci it has the potential of reaching rs 859 CMP 673 STOPLOSS 586 TARGET 589.