COROMANDEL trade ideas
Inverted Head and Shoulder / Cup and Handel / BreakoutStop Loss 742 (if breaks above 840 then Stop Loss would be 790)
Target 968
COROMANDEL : Nice Buy for 70+ pointsMy wave analysis suggest a nice BUY coming soon.
Do not buy now, let it come down to around 810 level and then once you get a reversal in M15 - get into the BUY trade for 880+ levels - it can go further UP too..
Happy Trading.
Stock Analysis of Coromandel LimitedPrice - 771.25 Dt. - 12.05.2021
Yesterday stock had given the breakout and stock continued the momentum today with small profit booking. With fertiliser stock is in focus we expect Coromandel to perform well in upcoming sessions and the stock faced resistance today at 773.85. If stock sustain above 773.85 then this stock can be a good bet.
21DEMA is ready to cross the 50DEMA from below which is a bullish sign for the stock.
best stock for intra day tread buying only domain area sell only
demand area 6 to 7 percent return generate in a few days
Coromandal intl getting ready to shootThis stock approach it's resistance 750 two times forming ah double bottom..And picking up with high delivery percentage...Target will be 798-832..stoploss below 745..Trade at your own risk
This set up is based on my knowledge and make your own trade setup to enter
COROMANDEL INTL - trading at lower line of the channelThe candle on D and W closed right on the line, so one can expect reversal.
There is also an Ascending Triangle forming.
Logically one may want to short for the next support.
But I would like to go Long with SL below yesterdays low 775.5
Targets
T1 - 50% of channel retracement
T2 - Once it breaks out of the triangle - take next resistance 862
T3 - 880
COROMANDEL RESISTANCE BREAKOUT20-01-2021
Entry @ 842
Target : 1000
Stop Loss : 793
Education Purpose only
Coromandel - Ready for the Breakout!!!Go Long once it sustain above and retest the level of 830
Strong weekly breakout. Be watchful.
Levels are given on the chart
