Get started
CONTAINER CORPORATION OF INDIACONTAINER CORPORATION OF INDIACONTAINER CORPORATION OF INDIA

CONTAINER CORPORATION OF INDIA

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

CONCOR trade ideas

CONCOR: The Next Ideal Place to Go LongIn my previous post I suggested buying..perhaps the move started a bit earlier than expected but hit the target..see below >>> When I look at the current chart and ask myself, what could be the ideal place to enter ? Is it on the next bar break above the Doji candle made in the last hour today or at a lower price ? Before beginning I would like to make it clear that the following scenario would be active below 1340. However, any move past 1390 without breaking 1340 may take the stock back to the highs. I believe that stock has run quite well in the recent past and it may take a breath for a while before resuming its upward journey. Looking closely into the chart we have a support zone with multiple confluences. Yes, it is the 1290--1308 zone. As you can see, there are more than one Fib. levels in this zone; historical horizontal support levels; and a harmonic reversal zone. I would watch for reversal pattern in this zone and go long with stop below the recent swing low made at that time. I will look for 1338; and 1360 as the targets. # A clean sweep by the bears in the PRZ (without any signs of slowing down) would be a sign of weakness. I would be cautious in that case. Have a safe trade Happy weekend Hit like/comment. Regards Bravetotrade
NSE:CONCORLong
by Bravetotrade
CONCOR : Planning to add a 'D'Container Corp was trading in a broad Northward Channel. It has came to its Channel Support & has given a Bullish Gap & has sustained its 1st Day. The company is a relative value pick. Todays Management interview gave a +ve Guidance. The companies review with Topline +10% & Bottom line +37% & Guidance is +12% growth in enterprise & Volume. GST implementation has been smooth. I expect the stock to move towards targets of 1200/1250. ICICI direct has given a Target of 1370, which today looks far fetched. Now, whether the stock fills the gap in this week or leaves it as a bullish continuation is a question.. My instinct is that it may shadow fill it before moving ahead as there must be shorts trapped. However, if it continues higher, this could be a stellar rally, completing its name CONCORD ^^ Keep a SL of 1144 & Look for targets of 1200/1250.
NSE:CONCORLong
by rahul.u.bhagwat
Container Corp- Boom- pushes up from trendline@1180-Can we buy?As per previous update- "Container Corp- Dividend can explode container from 1120-1140" - well container came close to expected zone & missed by a marginal gap of 40 points compared to the fall from 1336 to 1180 -which was a rocket move. There was a bullish engulfing candle & container pops up to 1223 & doing sideways - so will it start moving upside - a million dollar question. Trading Strategy Well in coming sessions if it crosses the rejection zone of 2 times, which is 1240 mark & sustains above that -it will be a sign of bullish move upside. or it attempts once again to 1195-1205 zone, but staying above the trendline & most important 1180 swing low as shown earlier in the previous chart& interim updates- that could be an opportunity to buy or take long positions. You would love to read my previous update Container Corp- Dividend can explode the container from 1120-1140 mark
NSE:CONCORLong
by WaveTalks
15