Bullish batStock has formed bullish bat on daily as well on weekly chart, which is bullish. Longs can be considered with SL 790 on weekly CB with target of 870 and above with 1:2 RR.
COROMANDEL trade ideas
Target achieved with 7.5% gains !!One can continue to hold the stock for next targets of 930 and for new ATH, above 930 levels.
Link below for reference of my previous analysis.
triangle pattern readyAs 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 Coromandel International Ltd - 24.09.2021
The stock is trading @ 807 levels
There is a Doji Candle Formation in Daily Chart
There is a strong support @ 782 levels
One can initiate a buy position above 813 with support @ 797
Trades are to be executed after 10:15am for a confirmed trend upside
TARGETS
849
876
905
[POSITIONAL] COROMANDEL LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Strong BreakoutMin target 858
SL 791
entry 825
Everything on chart
After strong consolidation the price has made a confirmed breakout
Intraday / BTST / SwingTrade Setup for Intraday
Long above 830 (Wait for 15 min candle to close above)
Target 854/867
EOD Closing above 867 then go for Swing with the target of 930.
Resistance at 819 then short with the target of 779 / 765.
Coromandel intl in good trendCorormandel has been following a good trend from past some months and is expected to continue the same, current market price can be considered for buying the stock a target of 15+% camn be expected in the stock.
=+
Intraday opportunityRSI 2 strategy. Buy at the high of candle which takes RSI at 10 or below. Candle low should be the stop loss or nearest Support level. Target as long as the candles are bullish. Expect a good profit range for monday 13th.
Coromandel International LimitedBullish flag breakout in Coromandel International Limited. good opportunity for swing trading.
sunil rana view on cormandalbulish view on coromandal with long
volume came
oi data clear show for long
COROMANDEL Swing trade idea#Coromandel gave a trendline breakout last week and has retested the level as well. Swing position can be made between 800-807 for 860, 890 if volume exists with SL below 787. #Swing #Positional
#COROMANDEL #COROMANDELINT - Reversal for retest of 930Reversal in progress for retest of 930 ( 4/sep/21)
the negative candle shunting which brought the stock from 930-760 has been halted and reversal has started.
Entry - 800
Support - 780 ( appearance of first positive momentum candle after Indecision candles were formed with lows of 760)
Stoploss - 764
Target 1- 863 ( closing basis )
Target 3 - 930 ( closing basis )
Risk/Reward Target1 - 36/63 ~ 1/ 1.75
Risk/Reward Traget2- 36/130 ~ 1/ 3.6
Super Bullish candle in Coromandle Int.A gravestone doji is appeared 3 days ago in NSE:COROMANDEL . As we know gravestone doji is super bullish candle if it is at the right position in the chart. You can see doji comes after a long downtrend it means now it will show you a upward move upto or above its previous high.
Ride this horse with your trailing stop loss.
CORAMANDEL Is ShortCoramandel is short below 780. T- 750 738.
Most traders would have put sl below 780 swing. Their SL will be hit.
Coromandel LongIt's looking at a price reversal in coromandel.
Stoploss 815 for that target is 915.
It can be a swing trade.
Expecting Breakout - Swing pick This scrip is choosen for swing as it is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
