COROMANDEL trade ideas
COROMANDEL INTL# COROMANDEL INTL #
# SHORT TERM VIEW BEARISH #
# SELL - 1250 : 1260
# TG - 1150 - 1100
# CBSL - 1320
# R : R - 1 : 2
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
HammerVery interesting bounce on the weekly TF.
Trade activates only above the previous weeks close.
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"It is literally true that millions come easier to a trader once he knows how to trade, than hundreds did in the days of his ignorance."
- JL
Bluesky BreakoutIt specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers.
Market Cap₹ 35,491 Cr.
ROCE 38.3 %
InstHold 28.3%
Breakout into bluesky with Volume.
#StocksInFocus
Coromandel Intl Cmp 1141 Triangle BOCoromandel Intl Cmp 1141 dated 29-11-2023
1. Triangle BO @ 1143
2. Volume Rise
3. RSI on verge of BO
Buy above 1143 target 1165-1175-1185-1200
SL 1115
Pattern Target 1270 SL 1090
It is just a view, please trade at your own risk.
COROMANDEL INTL, BULLISH, TARGET 1240COROMANDEL INTL, near 200SMA. Expect to face resistance at 966 and correct upto 20EMA
for the support and resume upward trend. Also, formation of rounding bottom / Cup & Handle pattern
suggest long term target of 1240.
COROMANDEL INT. 1DStock is already in a good uptrend and is on a support of 20&50 ema. It is my own setup on entry on pullback. You can just take a paper trade to check accuracy.
COROMANDELCOROMANDEL :- Rounding bottom pattern is formed, if upside breakouts and sustains, we may see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Its very likely to form a sort of inside candle tomorrow. Its very likely to form a sort of inside candle tomorrow. Options sellers will love the formation.
Trend following in such setup is highly rewarding COROMONEL IN STRONG uptrend
and should be traled for higher targets
“There are four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose.”
― Michael W. Covel
COROMANDEL INT → Near ATH levels ⏏︎Hey Pivsters,
↘︎ NSE:COROMANDEL chart is self explanatory seeing the momentum in PSU/PSE sectors and here the price is standing at a level of Yearly Breakout (YH4) .
• Monthly Pivot Timeframe for reference ⇣
• ATH and 52W high Levels for reference ⇣
COROMANDEL BULLISH ABCD PATTERN ON WEEKLY CHARTlong with SL below breakout level for a Target of 1200 + on positional basis.
Coromandel out of the boxAfter a good consolidation of 3 months in the box, finally it has broken the box.
Immediate target 1100
COROMANDELCOROMANDEL
CMP 962
SL 947
TG-988/1012/1033
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This is only for educational purposes
Coromandel can be a good swing opportunitywatch out Coromandel for a swing trading opportunity for the coming week is can give gold
COROMANDEL - Weekly AnalysisIn the Weekly Chart of COROMANDEL ,
we can see that, after multiple rejections at 950-970 levels, it has given Trendline Breakout.
Let it retest.
Expected momentum is shown in chart.
Parallel Channel Pattern Breakout in COROMANDELCOROMANDEL INTERNATIONAL LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Parallel channel Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1025+.
✅Can Go Long in this stock by placing a stop loss below 960-.
coromandel - buy on dipsBuy from cmp to 957
sl close below 955
easy tg - 972
tg2 - 1000
positional tg - 1025
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Coromandel International: The Upside Breakout OpportunityCoromandel International, a leading player in the agri-input industry, is displaying a compelling breakout potential as it breaks to the upside from a symmetrical triangle pattern.
Symmetrical Triangle Breakout:
The symmetrical triangle pattern is a classic technical analysis formation, typically indicating a period of consolidation before a potential breakout. With Coromandel International stock breaking to the upside, it suggests a bullish momentum shift and the possibility of sustained upward price movement.
With Coromandel International stock breaking out to the upside from a symmetrical triangle pattern, it presents an intriguing opportunity for investors seeking exposure to the agri-input industry. However, it is essential to conduct thorough research, evaluate your risk tolerance, and seek advice from a qualified financial advisor before making any investment decisions.
coromandel - longprice breaking out of a symmetrical triangle
price moving up froma confluemce of EMA
MACD RSI favorable
HH & HL in CoromandelHH & HL in Coromandel. Kind of forming a channel and hopefully should trend in the channel for sometime before the breakout
