📊 Pattern: Rounding Bottom
📌 Symbol/Asset: COCHIN SHIPYARD
🔍 Description:
Moment Stock with Possible Breakout
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Chart is self explanatory, volumes are not great let see if it breaks the trend line and starts trading above 400.
Entry level - 400+
SLoss- Will decide once it clear 400
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
It is been observed that the price action is correcting in Wave 4 and once the price action breaks above 78-80 levels then it shall begin with its WAVE 5 to achieve 110-115 target price levels.
