Long COROMANDELSelf Stock Analysis One can Long COROMANDEL at CMP with Stop loss 1060 it will show good up side move . beautiful breakout done . #stockmarket #stocks #investing #trading #investment #money #finance #forex #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading #stockmarketnews #forextradingLongby Self_Stock_Analysis1
Breakout Coromandel int. Weakly chart breakout creating new life time High PE ratio lower level best time to taking as a portfolio stock Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc. Revenue Breakup The company's business is divided among 2 main segments i.e. nutrient and other allied products (~85% of revenues) and crop protection (~15% of revenues). Fertilizers Business The company sells various types of phosphatic fertilizers in the domestic market. It has ~40% share in the unique grade fertilizer sales in India. Overall, it is the 2nd largest phosphatic seller in India and largest single super phosphate (SSP) seller with a market share of ~15%. It has a leading position in the states of Andhra Pradesh and Telangana; India's largest complex-fertiliser markets. Crop Protection Business Under this business, the company sells a wide range of crop protection products under its 60+ brands based portfolio. It is 3rd largest manufacturer of mancozeb globally and exports accounts for ~37% of revenues of the business. Biologicals Business The company has a rich product pipeline with research on compounds from plant extracts and microbial bio-pesticides. It is a leading manufacturer of azadirachtin in the world with ~65% export share. It exports to USA, Canada and Europe. Longby investigationofchart4
breakout of ascending triangleCOROMANDEL has given breakout of Ascending triangle with higher high on daily time frame. One should consider bullish trade after own analysis. Longby nilmange224
Harnessing the Power of Bollinger Bands and RSI: A Dynamic DuoTitle: Harnessing the Power of Bollinger Bands and RSI: A Dynamic Duo for Trading Success Introduction: When it comes to technical analysis, utilizing multiple indicators can provide traders with a more comprehensive understanding of market dynamics and potential trading opportunities. Two popular indicators, Bollinger Bands and the Relative Strength Index (RSI), offer unique insights into price movements, volatility, and trend reversals. By combining these indicators, traders can enhance their decision-making process and improve their chances of success. In this article, we will explore how to effectively use Bollinger Bands and RSI together to maximize trading outcomes. Confirmation of Overbought/Oversold Conditions: One strategy for combining Bollinger Bands and RSI is to confirm overbought or oversold conditions in the market. When the price touches or exceeds the upper Bollinger Band, it may indicate an overbought scenario. Simultaneously, checking the RSI for a reading above the overbought threshold (e.g., 70) provides further confirmation. This combination suggests that the price may have reached an extreme level and a downward correction could be imminent. Conversely, when the price touches or falls below the lower Bollinger Band and the RSI is below the oversold threshold (e.g., 30), it suggests potential oversold conditions. This combination indicates that the price may have reached an extreme low and an upward correction or bounce could be expected. Confirmation of Price Reversals: Another way to utilize Bollinger Bands and RSI in tandem is to confirm potential price reversals. In a bullish reversal scenario, traders can look for a price that touches or falls below the lower Bollinger Band, indicating potential oversold conditions. Simultaneously, they should observe the RSI for bullish divergence, where the price forms a lower low but the RSI forms a higher low. This combination suggests a possible trend reversal to the upside, providing an opportunity for traders to enter long positions. Conversely, in a bearish reversal scenario, traders can look for a price that touches or exceeds the upper Bollinger Band, indicating potential overbought conditions. Simultaneously, they should monitor the RSI for bearish divergence, where the price forms a higher high but the RSI forms a lower high. This combination suggests a potential trend reversal to the downside, providing an opportunity to enter short positions. Confirmation of Breakouts: The Bollinger Bands can also help traders identify potential breakouts in the market. When the Bollinger Bands contract and squeeze together, it indicates low volatility and often precedes a significant price breakout. To confirm the breakout direction, traders can turn to the RSI. If the RSI crosses above 50, it can provide confirmation of an upward breakout, signaling a potential opportunity to enter long positions. Conversely, if the RSI crosses below 50, it can confirm a downward breakout, suggesting an opportunity to enter short positions. This combined approach helps traders capitalize on breakouts and potentially capture significant price movements. Trend Confirmation: Confirming the strength of a trend is crucial for traders. Bollinger Bands and RSI can be used together to validate trend conditions. In an uptrend, the price tends to stay consistently above the middle Bollinger Band (SMA), and the RSI tends to stay above 50. This combination suggests a potential uptrend, and traders can utilize it to validate the strength of the trend and look for opportunities to enter long positions. Conversely, in a downtrend, the price consistently stays below the middle Bollinger Band (SMA), and the RSI remains consistently below 50. This combination indicates a potential downtrend, and traders can use it to confirm the strength of the downtrend and look for opportunities to enter short positions. Remember, it is essential to consider other factors, such as market conditions, fundamental analysis, and additional technical indicators, before making trading decisions. Using Bollinger Bands and the RSI together can provide valuable insights, but they should be part of a comprehensive trading strategy.Educationby protontrader02
Coromandel International Looks good to after bouncing back from 1/1 support and after being retested the downward trendline. Positive news- Increased its stake in Dhaksha Unmanned Systems(agricultural Drone makers). Just FYI only. Longby happyvegan100
Cup & Handle formation in Coromandel International.We can see a cup&handle formation in the forming in the stock Coromandel International, a fertilizer company. We could Target 1100 as the target and a Stop loss around 900. Coromandel International is an Indian fertilizer company, the demand for the fertilizer may grow as the monsoon has approached India. The monsoon season is the time when most of the country's agriculture is done. So the demand could give rise in the Coromandel's revenue increasing it's profit. Disclaimer: The ideas provided by me here are solely my view only and not a financial advice. Use your money properly and manage your risk.Longby protontrader0336
COROMANDEL - Bullish Consolidation with VolumesNSE: COROMANDEL is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.Longby BrahmaBull310
COROMANDEL TRENDLINE+W PATTERN BREAKOUT👉Trendline Breakout + Closing 👉Volume Buildup 👉W Pattern Neckline Breakout 👉Support @880 & 845 👉Target -- 933/973/1012+Longby Jha_NidhiUpdated 10
COROMANDEL FORMS NEW HH and HL !!!1Hello to everyone As we can see on the chart the stock was trading in downtrend and has seen a sharp decline in the price. Stock continuously formed LH and LL , which confirms that price was trading in downtrend as per the Dow Theory , But this time the price has formed a higher low instead of making lower low, which indicates that the downtrend of the price has ended and now the trend reversal can happen in the price and price can go upside in next coming trading sessions. The upper targets of price are 970---1008--1055. #COROMANDEL 📊 👉Ascending Parallel Channel Breakout 👉Retasted at upper parallel line 👉Price Made First HH and HL 👉Bullish Structure 👉Trend reversal after long decline period 👉Support 880/883 👉Targets --971/1008/1057 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.Longby Jha_Nidhi7
Long Term Investment Idea Coromandel International Ltd. Coromandel International limited is a company founded in 1960. Originally named Coromandel Fertilisers, the company is in the business of fertilizers, pesticides and specialty nutrients. CMP of the stock is 934.05. Negatives of the company are High promoter pledge and Declining cash flow from operating activity. Positives of the company are no debt, improving annual net profit, improving quarterly net profit, FIIs and MFs are increasing stake in the company. Entry in the stock can be taken after closing above 941 levels. The targets will be 974 and 1009. Long term target of the stock will be 1044 and 1096. The stock is a long term investment idea. Stop loss should be maintained at closing below 878. Longby Happy_Candles_Investment1
COROMANDEL Buy for intraday tradingCOROMANDEL Buy for intraday trading if stock break the given resistence level..............Longby Mitesh_Patel_65082
COROMANDEL Buy for intraday tradingCOROMANDEL Buy for intraday trading if stock breaks the given resistance level...............Longby Mitesh_Patel_65082
COROMANDEL SHORT TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . COROMANDEL 1 hour : It has taken the liquidity from major high. *Wait for the opportunity in lower timeframe (5 min) and we could see downside movement. THANK YOU !!!!Shortby Twobrainztrader0
COROMANDEL buy for intraday tradingCOROMANDEL buy for intraday trading if stock break the given resistence level................Longby Mitesh_Patel_65085
Sell Coromandal InternationalSell Coromendal Internation 4H as per chart mentioned levelsShortby Naveen77600
Buy Long- coromandel at 899 for target of 1022, SL-878NSE:COROMANDEL Cup & Handle pattern break out with high volume, Expected Returns-13.68%Longby tradewithvijayUpdated 110
Coromandel International Ltd.C&H Pattern: Weekly Basis Price / Vol. BreakOut & Builtup *With Price Up, Trail Stop Loss* *Book Profit as per Risk Appetite* *Fundamentally Strong Co* Part of the Murugappa Group, India's leading agri solutions provider. Offers products/services across farming value chain. Specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers. Increasing Sales/Profitability on Yrly Basis. RoA/RoE/RoCE: Strong Double digits. Strong TNW / Low Equity / Increasing Cash Reserve / Improving Leverage. Continued +ve Ops. Cash Flow on Yrly Basis. Continued Stake holding by Promoter/FIIs/DIIs. *Concern:* Regulatory intervention. *Do Your Own Research as Well. This is Just an Opinion.* Your Opinion may Differ/Respected. Happy Investing :)Longby IdeasNeosagi7
COROMANDEL - BEARISH HAROMIC PATTERN ! Bearish Harmonic Pattern Established, possible targets mentioned in the chart Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur on your trades based on my published ideas.Shortby TrueHarmonicLoveUpdated 0
Coromandel International - Weekly ChartThis is another strong balance sheet stock with zero debt. Price moves in tight range. Near buy levels in daily. Longby RiderTrader0
CoromandelCoromandel Intl Formed double pattern. 1) Descending Triangle 2) Double Bottom This pattern is Bullish. It will start moving up. Disc: Only for Learning purpose and not a trading recommendation.Longby Prabu_ShaUpdated 2