short below 740 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before...
Stock has entered into the buying zone - it can bounce back or may move sideways to consolidate within this range for sometime before making the upmove.
Stocks is weak below 700
Disclaimer: View for Education purpose only, not to taken as trading advice.
Showing good bounce from Demand Zone on Daily chart. Upside of 860 possible with stop loss of 760 closing on 09/11/2021 is 791. Logic - After two break of structures on upside the price entered the demand zone and now showing strength
NSE:COROMANDEL
coromandel intl share at support so stop loss would be small. This can be a good swing trade opportunity. Trade as per your trade setup.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on...
Good for Swing Trade & Short term
CMP: 777.45 (looks good above 785)
SL: 764
Target: 962
( Targets calculated on basis of Fib.)
Disclaimer: I am not a SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me...
#COROMANDEL has been consolidating in 780-860 range owing to lack of clarity in subsidy for non-urea fertilizer and raw material in inflation
Post announcement of subsidy details on 16-OCT-21 the stock should gain strength.
Buy on close above 870 for target 915
#COROMANDEL is attempting to break out above its recent resistance of 867 - the resistance has been attempted to be breached 5 times unsuccessfully
A BO this time could see the stock retest ATH
entry - 867
tgt - 922
stoploss - 841
risk/reward - 1:2
Wait for retracement near 840-846.
Create long near retracement or if opens above previous day high create long.
Positional target- above 940+ near new highs
Coromandel Long (6 Oct)
Taking Support at lower levels
Yesterday it crossed all moving averages with good volumes
Buy at CMP- 827
SL- 780
Target- 868, 920, 960
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
As uh are watching price action is ready to breakout either breakdown.
i m on bullish on this stock .
if its breakdown their it will go approx 640 which is 50% of retracement of trend, but this all after breakdown.
until its break 780 i m bullish.
keep learning and earning.
stay safe
happy trading.
tata
c yaaaa
Coromandel International Ltd. engages in the manufacture and market of fertilizers and pesticides products. It operates through the Nutrients and Allied Business; and Crop Protection segments. The Nutrients and Allied Business segment consists of specialty nutrients and organic fertilizers. The Crop Protection segment produces insecticides, fungicides, and herbicides. The company was founded on October 16, 1961 and is headquartered in Secunderabad, India.
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