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RoC_Momentum

Costal Corp : breakout attempted - wait for 355

Long
COASTAL CORPORATION LTD (NSE:COASTCORP)  
RoC_Momentum Updated   
NSE:COASTCORP   COASTAL CORPORATION LTD
Trend Analysis costal
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trendanalysis costal
Costal Corp tried breakout 355 last week. will make position once it closes above 355 on daily charts. SL will be decided once it breakout
Comment:
Breakout level is giving good resistance. level is as per plan
Comment:
breakout level acting as resistance. it is always good to make entry above it.
Comment:
importance of breakout line. touch and fall , if stock dosent have momentum
Comment:
Happy to see breakout level act as resistance.. that proves, when it breaks it will be good breakout
Comment:
Momentum resistance acted very well. lets wait for breakout
Comment:
finally breakout. one can add position on Monday. I will try to add position based on how markets open.
it is also triangle breakout as well
Comment:
trade is going on, waiting for target returns
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