COROMANDEL Triangle BOSwing traders can watch this for a 1:2++ trade. Breakout with decent volume out of the triangle pattern.
COROMANDEL trade ideas
Consolidation and bounce from oversold levelsCompany : COROMANDEL-EQ
Entry Price : 803.3
Stoploss : 722
Target 1 : 883
Target 2 : 923
Coromandel IntCoromandel coming into the Strong buying zone. soon to breakout from the triangle. better to add 715-720 levels keeping SL 680 CB. Target 20-30% ST..can go even higher.
COROMANDEL breakout and retest Stock has bounced back from very Long term support on Monthly chart, but has taken some pull back from weekly trendline.
on dailiy TF it has broken important resistance indicating reversal and might break weekly trendline.
one can plan Entry near support on dailiy chart.
But if price closed below support on Dailiy TF (red zone), exit from stock we will get it even at better price.
Please follow proper risk management
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
Looking for it if holds this Trendline.please refer the chart .
first target 800.
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COROMANDEL INTEL LONG-TERM SWING TRADE!Hi everyone, Coromandel intel long term swing trade consider buy above: 744. targets: 834/922/950, stoploss: 756.
LOGIC BEHIND TRADE: Stock has formed (w) pattern & given breakout of resistance buying on pull back will make RR good (targets identified from harmonic xabcd pattern level 1.272/2.414) stoploss is taken previous swing low. Stock is considerable for short,mid, and long term trade! NSE:COROMANDEL
COROMANDEL#COROMANDEL
Falling wedge pattern.
V type reversal seen.
watch out after closing of 774
SL: 750 DCB
Beautiful Bullish RSI Divergence in CoromandelRSI is a momentum indicator. Shows the strength of a probable move. A lower low formation in chart when visible as a higher low in the RSi constitutes a bullish divergence... Chance of a an upward movement!
Intraday Trade: watch for trendline breakdownshort 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 9:20
If gapdown is more than 1% from bd level than avoid completely.
if less than 1% or gives bd before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
In Buying TerritoryStock 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.
COROMANDEL IN DAILY TIME FRAME DEMAND ZONEShowing 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
CoromandelThis stock trading in demand level consolidation, Now ready to break the consolidation range.
Coromandel LonGSwing Trade Coromandel, took support and now moving upside. Also making a W pattern which can give handsome reward with compare to the risk
Coromandel international- Go Long- Technical seems nice entryReason for Entry
+ Positive Q2 Results
+ Technical seems bullish
+ Good volume
+ Nice momentum
📊 #coromandel INTL swing opportunity 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 them. We are not SEBI registered.
COROMANDEL | Trend reversalGood 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 seriously…..
Happy Trading !!!
COROMANDEL + 890 + 7% | LONG SIDE SWING TRADECOROMANDEL Long side trade Watch . | Trade Logic on chart. Trend Reversal long side formation.
Follow on Trading view for 1 trade idea every day. Socials | TradeWorld1
Swing Opportunity in Coromandel InternationalGo Long above 819.2 for Targets of 859.25, 899.3, and 939.35 with SL 779.15
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Coromandel buyBuy from cmp to 780
easy target 810
Disclaimer : This is my personal analysis for study purpose not intended for trading
Long CoromandelWait 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 buy above 881Coromandel buy above 890
Triangle patten
Strong resistance at 890, so buy above 881
#COROMANDEL - retest of 930 on cl above 870#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 LongCoromandel 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.
