CONCOR trade ideas
At 50 DMA neat to a breakout triangleAt 50 DMA neat to a breakout triangle. Looks 475 will be easy target.
Breakout coming soon 🚀Can see formation of an ascending triangle for the resistance breakout. Can make a long position if breakout happens.
🚀🚀🚀
======================================================================================================================================================
Disclaimer:
The information provided here is for educational & instructive purposes only. Our intention is not to provide any financial advice, investment advice, training advice or any other advice. This is general information and is not explicit to you or anyone else.
Please do your own research and consult with your financial adviser before investing or trading. We will not be responsible for any profit or loss.
Container corporation (CONCOR).Respecting trendline and acting as a strong support, can make a position at 409/410 lvl for the target of 440 and 460 or if you usually trade on breakout method then let the daily candle close above 423 lvl for the same target.
CONCORIt appears to have completed its pullback post recent breakout. It could now rally till 440 & 475. View would negate below 404
Decent returns for a short term hold.Levels are marked on the charts.
(Educational Purpose only. Trade at your own risk)
CONCOR PARALLEL CHANNEL BREAKOUT FOR TARGET OF 437+In today's session CONCOR shown potential breakout of its supply zone. After the breakout, it's corrected and sustain above its supply zone which is acting as support after the breakout. In the last 15 minute session seen again buying interest in this stock so possible, we will get 437+ target in tomorrow session.
Possible trade:
Buy CONCOR Above 418
Stop-loss 413
Target 437+(1:3+ risk-reward)
CONCOR - will it break the resistance an fly?CONCOR is at crucuial resistance level. breakout may take the stock to new levels, whereas breakdown means it is going into consolidation inside the support levels marked
