Coromandel International BreakoutThe stock has given a good breakout on daily and weekly levels. Keep a stop loss at 920 and go long in this counter.
COROMANDEL trade ideas
Coromandel Breakout viewCoromandel :
Resistance Breakout and falling channel breakout Done
Looks good for long above 952, immediate support at 920
Trade setup for 17th may 2022 market went as we predicted and booked some good profits today for tomorrow we can take a look on
#HAL #Coromandl
Buy Today, Sell Tomorrow: COROMANDELDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in COROMANDEL
Buy Today, Sell Tomorrow: COROMANDEL
Coromandal Ichimoku Bullish Breakout Stock Name - Cormandal Int. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 935. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section of Trading View.
Please give a like, it motivates me to do analysis and do share our channel with your friends as well.
COROMANDELCOROMANDEL
Keep an eye, In a Wedge Breakdown will make it move towards support around 860
Less likely but if breaks out then further upmove may happen
Coromandal formed h&sIf it breakout then target of 860 and 900 can be reached, one must wait for breakout with good volume and green body candle, aggressively it can be bought below 756 with a stop of 708. It's a B wave as per Elliot wave, of ongoing zigzag correction. Wave A was zig zag. So wave B can be a flat or zig zag, still one more upside is pending.
Buy Today, Sell Tomorrow: COROMANDELDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Multiple Trendline Breakout in COROMANDEL
Buy Today, Sell Tomorrow: COROMANDEL
Coromdandel Ichimoku Bullish Breakout Stock Name - Coromandal Int. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 930. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section of Trading View.
Please give a like, it motivates me to do analysis and do share our channel with your friends as well.
coromandel is showing good bullish sign. Plan your trade with pris showing good bullish sign. Plan your trade with proper risk management and enjoy the fruit
buy coromandal intl @ 840 for 900 targetgovernment is going to give huge incentives to fertilizer co
buy @ 840
stop loss 820
target 900
its now in up trend
Coromandel Short to Mid term EntryNSE:COROMANDEL Coromandel gave a breakout of a resistance trendline on March 17, 2022 , now it has retested the levels n rising again . T1 - 930 , T2 - 1020 , T3- 1100 keep SL of 700
Bought Coromandel on thursday 31 March but will exit soonPrice still below 200 SMA, so my set up is not fulfilled. Will exit soon or below 780
symitrical triangle coromandlego long
trend line breakout on daily chart and triangle formation on 15 min chart
Coromandal Analysis !! Broke Out.📈 Coromandal International 📉
This broke out from a Resistance Zone of downtrending Trendline and closed above four months high.
On Buy Side I am looking for Targets of 870 - 880 zone followed by 920-930 Zone.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept below 790-800zone.
It offers 1:2 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
COROMANDELLooks like its a make or break for Coromandel. If it takes support from the current point then it might give us a breakout with go NSE:COROMANDEL od target else if its not able to hold itself at the current price then might go down.
COROMANDEL - Triangle Pattern Breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Buy Today, Sell Tomorrow: COROMANDELDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in COROMANDEL
Buy Today, Sell Tomorrow: COROMANDEL
#COROMANDEL TGT 876 , CL abv 886 TGT 920/960#COROMANDEL #SWINGTRADING
Has Made A Weekly Close At 849 After Consolidating For 20 Weeks
#candleshunting Upto 876 Minor Resistance At 876-886
If Sustains Abv 886 Tgt 920 /960
COROMANDEL BULLISH BREAKOUTCOROMANDEL INTERNATIONAL LIMITED CMP RS 850.
One can add to Portfolio if gets opportunity to buy at Rs 800-820 Level.
SL 200 EMA.
