The Pattern has not Broken Completely , that means there is still chances this will move up one more time near 700+
One can look for 1 Hour bullish candle and brake of it can buy , Kindly buy 2 Points above the Bullish candle high , and place your stop below the entry candle
This scrip is Moving up side and one can Look for Buying on CMP or 1 Hour Bullish Brake , stop would be still 620 , CMP 636 Target 700+
Weak retail can go Long only after 1 hour initial balance brake ,
ALL LEVELS ARE MENTIONED ON CHART.
Shown divergence (with Stochastic) followed by a candle with long tail confirming reversal.
Spoted the supply zone (shown on chart).
Should reach till supply zone without interuption
The stock has made classical double top pattern and broke the neckline. This simple pattern does not require any explanation however in case of doubt or your experience with it you can write in comments.
Accumulate Concor at CMP (1420+) and on dips upto 1225 as we can expect it to move towards 2500/ 2800/ 3000 in coming months as long as the channel bottom support remains intact.
Plan your trade. Trade your plan