Riding the Inverted Head and Shoulder Pattern here. Weekly chart so time frame is minimum 3months to a year. MACD is about to crossover. Took support at 20 EMA.
Concor is now at 735 from 578 IT was shared on May 12, 2021
Concor Cmp 736 dated 2.9.2021 1. Rectangle BO @ 730 Buy for tgt of 825 SL 695 It is just a view, pls trade at your own risk.
Concor looking strong on charts Given A breakout after consolidation of few months Good volume seen on the breakout candle It can be a good buy candidate for coming few weeks Safe traders can wait for the level of 745 DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
NSE:CONCOR Container Corporation Of India Limited - Given Wedge Breakout With above average volume, RSI and MACD both look attractive. Target 791 Stop loss 700
Add this counter for medium to longterm portfolio, it will give you good returns. Took support on breakout level and bouncing back catch it on its first move for min 10-15%
As per the analysis Gives perfect entry seems Canntake calulative risk This is based on my daily strategy
CCI stock's price had a breakout above the trendline but for confirmation, we need the price to sustain above 748. This will be the confirmation for the uptrend. Place the stop loss below the demand zone, because this demand zone is expected to support the price. The ultimate profit booking target is given by the XABCD bearish crab pattern's 1.618 fib extension...
Buy = 740 SL = 715 Target = 900 Bullish CONCOR Container corporation buy for short term
CONCOR looks good for Swing traders with SL : 670. Plan your risk first before taking any position.
One of the PSU's where govt is trying to pass enough reforms to soon be able to sell it. They have postpones its sale but its still a super business.. Technically post a 3 month consolidation the stock is looking to break out again. Long above 715. SL 680.
Concor has given a breakout for 755-780 levels or may be higher levels .. momentum above 715 stoploss 685
Beautiful Triangle formation and Fibonacci retracement rule followed. The RSI and MACD also giving green signal When consistently the trend line is crossed and closes on daily chart above trend line, then you can go for buy. If you check the weekly chart also, a morning star formation is happening. THAT IS ALSO GOOD SIGN.
Buy @684, SL-680, TGT-691 Sell @679, SL-683, TGT-670
CONCOR possibility of ascending triangle breoutout... facing resistance at horizontal line of triangle and taking support on diagonal line.
concor chart analysis for intraday and swing trading
Buy above - 665 Target - 692 Time frame 10 days. This is or educational purpose only. Please do your own analysis before investing.
Sell @669, SL0773, TGT-660 Buy @774, SL-770, TGT-681/682