COCHIN SHIPYARD LT NSE:​COCHINSHIP

expecting buy for short time sell till trend break

managed to remain green in fridays bloodbath News: buyback of shares on 8th oct(meeting) closed above tenkan which will act as support buy above 417 t1 monthly support of 423 next targets based on strict stop loss to fib levels

BULLISH 470 CAN BE SEEN

Long with a stop of 515 with entry on all dips to 530, short term target 560-580

Cochin Shipyard is a good buy with strict SL of 499. Holding personally for long term

Cochin Shipyard has formed a cup and handle patter between 500-545. Breakout above 545 should lead to 590 in few days. SL below 530.Stock reports q1 earnings on Monday. We hold.