coromondel took 830 very imp support and the trendline it was rejected can be broked with this deeper retest level also the fibbnocci support of 61% level that prooves the strength
just updated new price levels for fresh entry buy above 925 SL 850 Tgt 960 1000 1050++
Go long only if market is bullish and stock sustains above the supply zone for over 10-15 minutes. Trade with accurate position sizing and risk management.
Coromandel International Ltd trend line breakout SL bellow trendline
Coromandel is on the verge of breaking out of a range formed over the last year. If you observe on the daily chart, the green days have healthier volume than the Red days. If you plan to take a trade, please wait for a close above the trendline and then enter following your risk management rules and procedures.
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