CONCOR trade ideas
Concor chart looking bullish Concor has moved almost 10% up with good volumes last week. Approaching very strong support and resistance zone. Also Closed above TL. Crossing this zone can give good move in coming days. Levels mentioned in chart.
Concor crossed upper band of Bollinger bandAs CONCOR crossed upper band of Bollinger band, so minor profit booking can be seen in this scrip. Tgt may be 430.
CONCOR - ALERT ! IMPORTANT LEVELS TO WATCHCONCOR BUY ABOVE 435 TGT 441/446
SELL BELOW 430 TGT 425 / 420
Disclaimer : Trade at your own risk
CONCOR LONG...Above 423
we may see target of 442-467-490 if BO with decent volume
support at 366-345
currently under consolidation zone
observed intense selling(with volume)
Concor Looks InterestingCONCOR looks really interesting. A buy above Rs.465 can take the stock to Rs.565, giving a good 100 rupees profit with limited risk. Once a B/O happens, our resistance of Rs.465 will become Support and hence our Stop Loss for this trade. Trade becomes active only above Rs.465, do not enter before that.
BuyLooks good for 15-20 % upmove if manages to hold 400 on daily closing basis.
Disc : it's not an investment advise to buy or sell
BREAK OUT! CANT BE IGNOREDA big fall once came in stock and till today in consolidation , giving breakout TODAY
Hold stock till next expiry , dont sell in panic.
Concor - BreakoutConcor has been in the news because of disinvestment by the govt. I expect this one to be among the fastest disinvestments.
Technically the stock has broken out of a range where it has had multiple failures in the recent past.
Also its crossed its 200EMA yest and took support at the same.
Long at CMP with a SL below 410. First target 461 which is the 200WEMA..if and when it crosses that this stock could make for a very profitable trade. I plan to double down my position (currently 4% of my pf) above the 200WEMA.
Ps: I have a long position from 430.
Positional Long | Parallel channel |Once breakout parallel channel it take retest
buy above 424
stoploss @ 388
target 1- 461
final taget - 493
concor is preeparing for big moveNSE:CONCOR
IT IS 3RD ATTEMPT FOR THE BREAKOUT
IF IT BREAKS THE LEVEL GOOD TRAGETS CAN BE ACHEIVED
CONTAINER CORP ANALYSIS 05.12.2020Buy : 413 to 409
Target : 441 to 449
Reason Buying This Script:
It is travelling in trend line and channel line.
Note:
Once it has close above 449 in weekly time frame , with strong bullish candle means then next target up to 478 to 481.
Above this levels are based on weekly time frame it will take so many days to achieve the target. So be patience.
CONCOR - Looking good to take off to 409 levelLook for buying opportunity at the buyzone and wait for the targets heading north.
Long ConcorAn angled Inverse Head and Shoulder formed on Weekly Chart.
It has also formed a Good Buying area Near 450-460 Which can be used as Finding SL.
Keep SL below this level.
