CONCOR trade ideas
Concor- A potential downfallEvery swing is getting smaller and smaller which is reflecting the momentum loss and sellers getting stronger day by day. Along side this we can also see in the chart that is has already touched it's support again and again which is making this support weaker with every touch .
What is your saying folks. Let me know in comments.
Disclaimer: I am not SEBI registered please trade with caution and your own risk.
Cheers and Happy Trading.
CONCOR : Trade SetupNSE:CONCOR
Hi Traders,
CONCOR trade setup on chart and Entry and target level on chart.
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might expect fallIn Concor the chart had broken the trend line with huge volume and consequently it forms the descending triangle so we can expect a fall, we can go for short sell below 360 and target will be around 300-295,
sl will be 400
Weekly levels (28 september to 02 October 2020) - CONCORweekly levels for 28 september to 02 October 2020
CONCOR is Making Ascending Triangle Pattern (Breakout Trade)Container Corporation of India Limited ( NSE:CONCOR ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
CONCOR - Positional Trading SetupDisclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
CONCOR IS LOOKING FOR 391 THEN 396 + KEEP SHARP EYE ON ITCONCOR FRIDAY CLOSING PRICE IS 383.80 (APRX). NOW AS PER OUR PRICE ACTION SYSTEM HIGH PROBABILITY IS TO TOUCH AROUND 391 THEN 396.
I AM GOING TO SHARE THE LOGIC BEHIND IT AFTER COMPLETION OF THIS TRADE OR ANY ONE CAN DIRECTLY CONTACT ME AT 9399375461 FOR MORE DETAILS.
Took support - Double bottom. Price took support from the same levels for the third time, and also price took support from the parallel channel and reached the top of the channel. It is a strong bullish close and looking for the break of the channel.
The other way we see that is double bottom, so trade like it is a DB.
CONCORE@30minsbasic simple, intraday analysis for movement taking risk to reward, trend, resistance and support in mind.
Keep it simple# Price action.
CONCOR BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
