container corp, breakout trgt 50%=913container corporation has given a breakout, accumulate for a sudden move and add more on retest at breakout levels, near 605/610 ,for a med trm trgt of 50% = 913
CONCOR trade ideas
Cup and Handle Formation around ATHThe stock is making a cup and handle pattern and looks good positionally above 666 level
Container Corporation of India - Up Flag on Daily ChartConcor was in a consolidation for last 2.5 months. The consolidation was preceded by an impressive rally. The price gave an upward breakout to the consolidation on a daily chart on 24th May 2021 and closed at Rs.634.55. The breakout candle is supported by massive rise in volume. I anticipate the price target of Rs.792 and the time frame of around 3 moths to achieve the target. I suggest the stop loss at Rs.600. The risk-reward ratio is 1:4.5. The stop loss should be followed for the first four daily candles after the breakout candle. Thereafter, the profit booking/ exit decision should be based on attainment of the price target or downward crossover of 26 EMA by 5 EMA.
NOTE: This idea is an attempt to predict the future price movement. Investment decision based on this idea, if any, shall be at the sole risk of the investor.
Strength in CONCOR! NSE:CONCOR came up with good quarterly results and the market seems to reward the same.
The key levels are marked in the chart.
Long on CONCORMulti year break out in CONCOR. The price is building up at the resistance and CONCOR is now ready for reaching all time high. The best price to trade is at 566 level.
Note: This is only for educational purposes and do your research before investing
CONCOR Forming Cup with handleCONCOR Forming Cup with handle. Once it gives closing above 619 breakout will be confirmed,
Target and handle zone is mentioned in the chart
CONCOR - HEAD AND SHOULDER SHORT ANALYSIS CONCOR will be seen short for few months if HnS strategy works .
Concor Tring to breakout the zoneConcor Tring to breakout the zone, But Buy only above the zone if any breakout happened with good volume
CONCOR Daily Time Frame AnalysisWelcome your valuable comments on this script
For Short Term Can Buy at Current Cpm
With Stop Loss 560 that is recent Swing Low
For Long Term wait for All Time High Breakout
All Time High Resistance 666
Share Will Strong Bullish Above 730
for Target 1000 to 1100
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
CONCOR Positional setup | #LetsMakeMoneyTogethersymmetrical triangle breakout .... buy on a retracement at the closing lvls .... a good move can take place tomorrow :) or in near days ....
Hold the winner if gives good moves ...
breckout stock for short termsNSE:CONCOR
BUY 600 TO 625,
TGT 780 TO 800,
SL 540
RISK= 13.60 %
REWARD = 24.80 %
NOTE: STICKLY FOLLOW STOPLOSS
Concor breaked out of penantConcor looking good on charts
Breaked out of the penant
610-615 looks good buy zone
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
Short term target for CONCOR as per chartas per chart first targets are 663,702, 711
enter on breakout only
