COCHINSHIPIs cochinship trying to make Eiffel Tower Setup by making a top earlier and now follow through selling
COCHINSHIP trade ideas
Possible upside RSI & FIB confirmation upside RSI & FIB confirmation can touch all time high SL will be below marked zone
MUHURAT PICK! Available at 50 percent DISCOUNTOne of the best company enjoying monopoly in its sector which would further contribute to the growth of the country. Any price below 1300 is a great buy for a minimum of 3000-4000 in coming years, can be counted in value investment. Plan your trades accordingly and wait for the right time to enter. HAPPY DIWALI enjoy 🪔✨
COCHIN SHIPYARDStocks corrected almost 1300+ point from all-time high. now completing double Zigzag correction. now have stoploss of 1505 and going to long in this stock. my target is beyond your imagination so i m just giving you a view. you set your own limits
Cochin ShipyardGood time to invest in Cochin Shipyard... has fallen nearly 50% from the top. Invest and capture profits in segment... Around 12% profits can be booked in a few days to come. Thanks. Do have your thoughts on this and boost the post so that I can keep going...!!
COCHINSHIP BULLISH 5TH WAVE startedCOCHINSHIP BULLISH
After long correction upto 0.618 from 3rd wave top, formed 4
5th wave started, long way to go.
ELLIOTT WAVE THEORY Rocks 😎
COCHINSHIP Target 2000COCHINSHIP has given good reversal. Short term target 2000 in 1 Week. Today's trading session ended in upper circuit, shows heavy buying interest
COCHIN SHIPYARD - dynamic support zone Cochin shipyard completed more than 40% correction.
I am trying to identify probable support zone based on EMA values .
So it will be a dynamic support - it may vary with time and price .
Left screen :
Daily chart - price is near to 200EMA - assuming price to take support from EMA 200.
( price 1590)
Right screen :
Weekly chart - nearby support is 50 EMA
price 1490
So price band 1490-1590 as a tentative support zone
It is an attempt to combine both daily and weekly charts to identify support zones based on EMA values. The price band between 1490 and 1590, where the daily chart's 200 EMA and the weekly chart's 50 EMA align, could serve as a strong dynamic support zone to develop a potential reversal or consolidation.
Cautionary note: Support / resistance levels may vary based on market conditions .so this is not a recommendation to buy or sell, but rather a signal to watch the stock for future trading opportunities.
It's essential to monitor the stock in the coming days to see if the price action fits your entry criteria and aligns with your strategy.
disclaimer :This is not a buy sell recommendation - only for study purpose .
COCHINSHIP Reverasl LongDate : 22-09-2024
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Bottom Reversal (PICK RESEARCH TO OBSERVE)
Cochinship Looks Good Above 2328
SL 1022
Target 2798, 3785, 4771, 5757++
Hold Period : Few Weeks to Months
Reason for Pick : Bottom Reversal, Above 200 SMA
Please consult your financial advisor before investing
All research for educational purposes only.
Cochin Shipyard Cmp 1846 Reverse from Support with VolumesCochin Shipyard Cmp 1846 dated 20-9-2024
1. Reverse from support 3rd time
2. Price Rise with Volume
3. RSI Divergence
Buy above 1850 target 2000-2100-2200-2300-2400-2500 SL 1625
It is just a view, please trade at your own risk.
Cochin Shipyard Ltd. @ 1846.05Cochin Shipyard Ltd. @ 1846.05
Sector: Ship Building
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
Promoters holding remains unchanged at 72.86% in Jun 2024 qtr
52 Week High 2,979.45
52 Week Low 435.60
All Time High 2,979.45
All Time Low 104.55
Book Value Per Share 190.18
Dividend Yield 0.53
Sector PE 47.33
Beta 1.39
SUPPORT ZONE 1: 2110-1620
SUPPORT ZONE 2: 950-700
UPSIDE TARGETS: 3410, 4100-4500, 5180, 6200-7300, 8300, 9100-10300
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
Trend Reversal Stock: COCHIN SHIPYARD Cochin shipyard has been in a downtrend for a long time.
Cochinship took strong support around 1687 levels with good volume.
If the reversal is confirmed, we can expect to reach toward next resistance zones like 2271, 2687.
In case of breakout failure, the next support levels are 1369, 1260 levels
Cochinship--Trading at Demand zone
--200 EMA will act as major Support
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if needed
COCHINSHIP (GOOD RR)Above 3000 you may consider long position which is based on continuation pattern & from FVG you may take long position which is based on pullback.
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Logic:
After taking a pullback it follow the previous trend which is UP.
FVG is also a Golden ration zone.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
UPCOMING SET UP SERIES SCRIPT - 3SHARED ANALYSIS based on purely price action only for a technical aspect. Described level does not need to necessarily be observed….
KEEP ADDING to your watchlist and wait patiently for described level ( It may / may not be takes time )
LONG TERM INVESTORS can use described levels to accumulate OR hold….
cochin shipyardthis stock show correction can start reversing from here .. a good stock for long term
COCHINSHIP - Momentum Analysis & Trading ProcessIn this video we look at how:
- a trading process is very important
- to ride a Momentum trend
- to plan exits.
COCHIN a chance for those who missedCochin Shipyard is presenting another opportunity for profit-making. Entry levels are indicated on the chart. Board this ship for another profitable voyage.
Cochin Shipyard - Breakout Setup, Move is ON...#COCHINSHIP trading above Resistance of 2556
Next Resistance is at 3138
Support is at 1813
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cochin Shipyard Ltd - Breakout OpportunityDate : 6-Jun-2024
Rating : Buy - Positional Trade
LTP : Rs. 1,853
Targets: (1) Rs. 2,100 --> (2) Rs. 2,390 --> (3) Rs. 2,860
SL : Rs. 1,630 on daily close basis
Technical View:
• NSE:COCHINSHIP is going through it's secondary uptrend within primary uptrend.
• After touching the high of 2100 on 3-Jun-2024, it has retraced 22% to 1630.55 level.
• On 6-Jun-2024, NSE:COCHINSHIP has broke out from minor downward line within secondary uptrend.
• Prices are trading above 20 DMA, 50 DMA and 21 DEMA.
• RSI is trading at 60.62 and MACD is trading at 164.40.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
Stock Market Analysis Report: Cochin Shipyard Limited All aboard the Cochin Shipyard Limited stock, because this ship is ready to sail to new heights! 🚢💹 We’ve spotted some thrilling price action and technical patterns that promise a profitable voyage. Let’s dive into the details.
Price Action Overview
Chart Analysis
Current Price: ₹2,679.95
Daily High: ₹2,679.95
Daily Low: ₹2,405.05
Volume: 13.027M
Key Technical Indicators
Breakout Point Entry: The chart shows a breakout above the previous resistance level, signaling a strong upward trend.
Volume Spike: There is a notable increase in volume, confirming the breakout and indicating strong market interest.
Detailed Analysis
Breakout Point Entry
Formation: The stock has been steadily climbing, breaking through key resistance levels marked as A, B, and C. The latest breakout point entry is a clear indicator of bullish momentum.
Significance: This breakout suggests that the stock has the potential to continue its upward trajectory, as it has overcome significant resistance.
Volume Spike
Volume Increase: The recent volume spike is significant, as it demonstrates heightened trading activity and investor interest. This adds credibility to the breakout and suggests sustained momentum.
Implications: High volume during a breakout typically indicates that the new price levels are supported by strong buying pressure, reducing the likelihood of a false breakout.
Price Targets and Support Levels
Immediate Resistance: ₹2,800.00 - This is the next level to watch for potential profit-taking.
Support Levels:
Primary Support: ₹2,438.25 - This level should act as a strong support if the price retraces.
Secondary Support: ₹2,200.00 - A more conservative support level that aligns with previous
consolidation areas.
Why did the shipyard stock bring a life jacket to the market? Because it’s ready to float above the rest! 🛟📈
Conclusion
Cochin Shipyard Limited is exhibiting a strong bullish trend with a confirmed breakout and significant volume spike. Keep an eye on the resistance level at ₹2,800.00 and monitor the volume to ensure the breakout sustains. Happy trading, and may your investments be as sturdy as a ship's hull! 🌊⚓
Disclaimer
This analysis is based on historical data and chart patterns. Always do your own research and consider your risk tolerance before making any investment decisions
Cochin Shipyard - Breakout Setup, Move is ON...#COCHINSHIP trading above Resistance of 2046
Next Resistance is at 2556
Support is at 1537
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
