CORAL INDIA FIN has a CUP & HANDLE PATTERN in the Monthly chart with a GOOD VOLUME Weekly breakout & retest level of 60 If the sustains level moves up trade 1st target will be 90-106
CORALFINAC (SWING TRADE STOCK )
Simple Price Action
Formed multiple InsideBar in Daily Time frame
Gave Powerfull Breakout Of multiple Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 71
Keep sl at 59
Target can be 100
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully...
NSE:CORALFINAC
cmp is 58
After giving breakout at 50, now resuming upwards journey towards 100
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and...
Technical Analysis
1) Flag and Pole Pattern on the weekly chart/monthly chart
Fundamental Analysis
2) Zero debt company
3) Promoters Holding @ 75%
4) Good PE and PB ratio
5) CMP: 32
Target : 60
Period: 1 to 2 years
Detailed View about this Breakout:
No.of Resistance: 9
No.of Support: 10
Consolidation days : 825+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Big Trendline breakout
Many stocks from same sector in watchlist giving breakout opportunity
Mcap 176cr
Div 0.76%
PE 7 < Industry PE 22
Very small position
On daily TF Descending Triangular pattern is formed
TGT - 47.65 , 54 ( Approx 15% , 30% )
SL - between 39.75 to 38.4
on 1hr TF Double Bottom is formed
TGT - 47.65 (Approx 15%+)
SL - 39.75
Disclaimer : Only for educational purpose. Please contact your financial expert before trading.
Beautiful 25% trade in Coral India Fin
Reasons to trade -
1. Beautiful price action trendline breakout
2. Double bottom formation at the horizontal demand area
3. 50 EMA breakout
4. Good volume
5. RSI above the MA
Please hit the like button this really motivates me to make more such analysis.
Hit Follow to get regular notifications of my analysis.
The Rich...
35 - 37 Act as a support. If it breaks then next support is 28-31.
Support 1 : 35 - 37
Support 2 : 28 - 31
Resistance 1: 43-44
Resistance 1: 55
BO Above 56
#Study
Coral India Finance. Asc. Triangle Patter. Price Break-out supported by Vol Built-up. Weekly Basis.
Disclosure: Do your own Research before taking a Call :)
Zero Debt company
Forming cup and handle
Levels mentioned on chart.
Entry- CMP
For safe entry wait for breakout
🔰
➼I do only Swing trade
➼I Trade only when RR is in my favor
➼Please correct if I am wrong
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
