Cords CablesCan be a short term Runner... 🏃♂️ 🏃♂️ 🏃♂️
Look out for long term multi bagger as well..
CORDSCABLE trade ideas
CORDSCABLE BUYOver here the ideal entry has been placed in. However, we have ton entierly monitor the closing of the candles within the FVG to wait for a reaction to see when the stock can move upside. No buy sell reco NSE:CORDSCABLE
Cords Cable Rounding Bottom Pattern and Pole and Flag Pattern📊 NSE:CORDSCABLE In-Depth Analysis at 102.7 🚀
📈 Long-Term Upside Potential:
Over the past 5 years, this stock has shown significant upward movement. Starting from a breakout in a rounding bottom pattern at the 85-level, it's been on a consistent bullish trajectory. This historical context sets the stage for further analysis.
📉 Current Consolidation Phase:
Presently, the stock is in a consolidation phase, trapped between the recent breakout at 85 and a current resistance level of 110. This phase often acts as a precursor to significant price movements, making it a pivotal moment for traders.
🚩 Pole and Flag Formation:
Notably, the price action within these levels resembles a pole and flag pattern. This classic chart formation often signifies an impending substantial price shift. Traders are closely monitoring to catch the breakout.
📊 Volume Confirmation:
A compelling aspect is the alignment of price movements with increasing trading volume. Elevated volume is often an indicator of heightened market interest and participation, reinforcing the bullish potential of this stock.
🎯 Crucial Price Level at 110:
The key focal point is the 110-level. If the stock can maintain its position above this level, it could signify further price appreciation, with targets in the range of 140 to 155. The 155-level holds long-term significance as a technical milestone.
🔒 Robust Support at 85:
The 85-level, which originally marked the breakout from the rounding bottom pattern, now functions as a sturdy support level. In the event of a pullback, keeping an eye on the 90-level is also advisable.
📈 CORDSCABLE is displaying intriguing potential, and staying informed is the first step in navigating this evolving opportunity!
#TechnicalAnalysis #Investing #Trading 📊📈📉
Cords Cable (Swing):Cords Cable (Swing):
A 50% up move is on the cards for swing.
Keep adding in chunks while script falls back to support at 75-85.
Appropriate support, demand zone, resistance and targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Cord CablesVCP pattern. breakout of important resistance(purple line) of Mar 2008 support which it retested once more in Jul 2008
good volume in this month and it has breakout of very crucial yellow line resistance which it is respecting since its initial years. also last time it breached that line it jumped for more than 100 %. after 5 years it broke that line again.
As it kept retesting 0.5 fib level (75.65) many times which was near the purple resistance which it has breached it after 4 years during this period it retested it many times and now successfully broken it, also it breached 0.38 fib (91), but it is coming to crucial zone marked with rectangle box. then resistance of 0.618 fib level( 103.9) on reverse fib. then resistance of red trendline. Also it should retest the purple line before moving for upward journey. look at the dashed line it is a low(100.60) of last HL it made in last bull rally which is coinciding in rectangle box. then psychological of 100.today it made a high of 97.80 with strong bullish candle with good volume. there are chances that it will try to enter rect box. so i am expecting to reverse from nearby 100 (+3). then retest the orange line and move toward upward journey.
Cord CablesVCP pattern. breakout of important resistance(purple line) of Mar 2008 support which it retested once more in Jul 2008
good volume in this month
As it kept retesting 0.5 fib level (75.65) many times which was near the purple resistance which it has breached it after 4 years during this period it retested it many times and now successfully broken it, also it breached 0.38 fib (91), but it is coming to crucial zone marked with rectangle box. then resistance of 0.618 fib level( 103.9) on reverse fib. then resistance of red trendline. Also it should retest the purple line before moving for upward journey. look at the dashed line it is a low(100.60) of last HL it made in last bull rally which is coinciding in rectangle box. then psychological of 100.today it made a high of 97.80 with strong bullish candle with good volume. there are chances that it will try to enter rect box. so i am expecting to reverse from nearby 100 (+3). then retest the pruple support and move toward upward journey.
Cord CableCord Cable looks good above 93 and targets/resistances are marked in the chart
RSI has just broken the bearish zone and MACD cross over shows positive signs
Risk : Micro Cap
Cords cable LONG target 120 likelyCords cable, long, likely to reach 120, good weekly volume, channel pattern,
Cords Cable Industries - breakout with volumeCMP 83.45
- Technical indicators positive
- New 52 Week High
- Positive Breakout with good volume
*Not recommendation
cords cable breakout?cup & handle forming on monthly charts, once breakout from 80 levels will test 140 levels
low debt, price 1.5 times book value.
warning: earning growth not consistent
for education purposes only
