Container Corp - Looks Bullish, Its at its 52Weeks High and nearing its life high. Fib - 100% (5Years Duration) is 623 Fib - 161.8% is 1008 The chart also shows many patterns: - Rounded Bottom - W Pattern
Very strong move broke above prv rstance at 550 Is trading at 52 wk high traders can keep tight stops at 547 Is buy on dips. Tgts 600 and above
Expected target falling from zone 592 -594 - 600. Once broken 564. it will move towards 600
down trend started ? short sell from here, target mentioned in the chart
Pin At 21 EMA STRICTLY below 484 sl 488 for 481-477
Ongoing trend in UP. So 700 is expected to be touched (or crossed) soon. Stock is bullish as long as the price is above 640!
Concor is near to buy entry of 676-670 levels. High risk reward Ratio setup is generated here.risk only 1% of capital. Time frame of trade is 2 to 3 months.
Kicker Patter. RSI b.w 20 and 40
Potential Double bottom pattern (Adam & Adam formation) awaiting upward breakout observed in Concor India Ltd weekly chart. Resistance zone is at 1200-1250 levels. A close above 1250 with higher volumes would indicate confirmation of the Double Bottom pattern formation which is a bullish sign for the stock. Swing Trading Strategy : Buy : Above 1250 level (on...
Margin required 93k. Use stop loss as hourly supertrend @ 1320