CONCOR trade ideas
VOLATILITY BREAKOUTOn Daily chart, Prices have broken above the Upper Band and RSI has closed above 60 Mark showing strength in Momentum. Stock can be bought for the immediate targets of 650-670 levels with stop loss below 565 level on closing basis.
Short COncor SL-559Trade is reversible in itself if SL hit means to reverse the trade without any doubt if SL hit.
CONCOR (Container Corporation of India Ltd) SELL BELOW 573CONCOR (Container Corporation of India Ltd) SELL BELOW 573
Container CorporationIt seems like a good time to buy this script as it had given a breakout near "A" zone and now it retraced to EMA channel near "B" point and has shown strength in the last candle as its trading just near the support line around 565, so this counter should be bought on every dip till 565, one can be partially at the current level and add more if it comes down but should exit if it gives a close below the EMA channel.
concor investment view triangle break out ! multi time frame , made a life time high! ! !
a retracement should ideally come , but so as not to miss in case , one can eter here with 30% qty , and later add on dip !
CONCOR - LONGContainer Corp ( CONCOR) :- Formed "Cup and Handle Pattern" is at its breakout point of 600.
SL:- 575
CONCOR 490 || SHORT || INTRADAYSELL below 490 SL 492
Targets 488, 485, 482, 480
OR
CONCOR 26SEP 470 PE (₹5.80)
512 Bear flagDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
CONCOR (NSE) - Highly Bullish 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
CONCORVery 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
Container CorpExpected target falling from zone 592 -594 - 600.
Once broken 564. it will move towards 600
down trend started ? short sell from heredown trend started ? short sell from here, target mentioned in the chart
Container CorpOngoing trend in UP. So 700 is expected to be touched (or crossed) soon. Stock is bullish as long as the price is above 640!
