CONCOR trade ideas
Concor - Long ideaConcor has corrected and moving sideways forming a symmetrical triangle and Flag pattern.
It is facing resistance at 1355 with support at 1320.
Go long above 1355 with Sl at 1320 for T1 - 1377 and T2 - 1400.
This stock has tested 1400 twice and testing for the third time will take it above 1450.
Concor - Will it break through to conquer 1500 levels?NSE:CONCOR breaking above 1400 levels will take it to 1500 range.
One can go long above 1412.70
T1 - 1499
T2 - 1588
SL - 1331
CONCOR - Ascending triangle and channelCONCOR is forming a Ascending triangle and channel. In long term it is sell in monthly chart as per my previous post.
It is indecisive and making doji after doji with long wicks on donwside indicating signs of bullishness.
For now betting on a breakout with strict stoploss.
Long entry above 1404 SL 1380 T1 1450
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
Concor - Bearish BatThe stock is forming a bearish bat pattern in weekly chart. The pattern is still not complete. The stock is making higher highs. one can wait for the formation and can initiate a trade accordingly.
CONCORHead and Shoulder Breakout on Monthly RSI.
One can look into this stock for Investment.
Buy now and on dips till 1100
SL 1000
Target 1500/1800
Can Concor conquer ? Concor has taken a break out as shown in the weekly chart.
Buy only above 1267 for the targets of 1350 and 1480.
Once the buy is initiated stop loss can be set as 1235.
CONCOR: Play The ChannelPrice has been very consistently respecting the channel. Currently hovering near the lower end of channel.
Anticipating an up move from 1290 - 1305 support zone towards 1380 - 1385.
Also notice the bar frequency, It can used to project the target date near 6th Sep. 2017
Always have an escape plan if trade goes wrong.
Trade safe, be healthy.
Hit like if this information is useful.
Regards
Bravetotrade
Monthly chart Broken out and the uptrend has started.! On the monthly chart it shows a 2 year BREAKOUT near 1250 levels. And the last month candle has closed above the 2 year top, that is 1261. So its a nice buying opportunity as even this months candle is still moving up. And for ICHIMOKU TRADERS, CHIKAU is all set to become free in the MONTHLY CHART which shows momentum in the stock.
Concor Heading to 1500 ,if closes above 1265 CONCOR heading to 1500 zones soon , if closes above 1265.
Concor : Double bottom on monthly chartDouble Bottom pattern break above 1255 on monthly time frame .
Buy Concor - Follow SL if the steam is lostStoch - says buy
RSI - says can be bought
Pattern - breakout
EMA - Buy
It's been a long wait! can we see a breakout finally?Finally attempting a range breakout after a 1.5yr consolidation..weekly breakout.. inverted head and shoulders(or cnh?) confused. doesn't matter though..
jo bhi mil raha hai chaapo. needs a decisive close above 1252 on daily,then boom boom!
levels mentioned on chart
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.
Concor set to test PREVIOUS highs , once it closes above 1265 Concor CONTAINER CORPORATION set to test PREVIOUS highs , once it closes above 1265 on weekly basis . Stock Retraced from 61.8% Fibonacci Levels from the June 2015 Highs and 2013 Lows. Is making a double bottom , but breakout of the pattern is yet to be confirmed . Once it closes above 1265 , it should test its previous highs of 2015 June.
trading range break down in CONCORstock was in up trend
went into side ways
today it broke down from the trading range
one can look into this stock at current levels
for targets towards 1109/1090/1067
with sl placed around 1167
Double Bottom in concorDouble Bottom in concor, One can buy above 1260 , as we can see a resistance at a level of 1260 for target of of 1600
Concor To Face Serious Sell-OffIt seems that in concor distribution is going on at higher levels. Yellow area marked as congestion zone marks a cluster bubble building once price breaks below it you can see strong sell-off in CONCOR. Not to mention momentum has weakened too.
concor-flag pattern setupprevious post on concor
concor after a runup from 1000 to 1200(triangle breakout at 1000) consolidated for weeks , seems ready for a breakout.
above1224 we can see a big upside.
buy with 1210 sl above 1224 for 1280
weekly outlook
CONCORstock is in up trend
went into sideways consolidation
now in verge of breaking out
might resume it's original trend
one can look into this stock for a target towards 1256/1282
safe traders can look into this stock at close
