CONTAINER CORP NSE:​CONCOR

Levels mentioned in the chart!

CONCOR looks weak below 665, if moves under 665 might test 630 levels Also looks Strong if moves above 680 and holds then might test 700-710 levels Enter Short in CONCOR below 665 T - 659, 652, 645 & 630 Sl- 672

Long or short on break

buy for 750 target positional

CONCOR weekly chart study

levels mentioned in the chart!

... Levels mentioned in chart

long above 595 short below 587

Short 640 CE at 11.5 Short 580 PE at 12.7 Hedge, if range is broken either of the side Long Futures at 650 Short Futures at 565

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As per charts

...Levels mentioned in chart

Watch levels for Concor

Usually when Flat corrections form they are time consuming patterns and they tend to give surprise moves , this one was trying to hide in Noise , but you know professionals always are step ahead of everyone , what is interesting is when everyone is thinking its not going to make any move that time exactly they will move by 5 % and everyone starts buying it ( ...

SWING TRADE has been oscillating around 9MA(golden) and 50MA(pink) for quite a few weeks finally now as 9MA went below 50MA and price still lying below 9MA shows bearish sentiment a possible breakdown of triangle is expected short below 23.6% fib retracement levels to 605 monthly support level next short level to 583 and then possible to 550 levels ichmoku ...

tested monthly support(pink line) on daily chart managed to close above previous day high finding resistance at 38.2% fibonacci levels gartley pattern forming on daily chart Risk/Reward ratio=1:1 on 1 hr chart tenkan/kijun cross about to take place go long above kumo cloud to fib levels

most likely to breakdownwards i will consider it breakdown if it will close below or go below 606

CONCOR is trading into triangle and may give nice breakout. Key is to buy at levels around 640 or below.