Buy Long- coromandel at 899 for target of 1022, SL-878NSE:COROMANDEL Cup & Handle pattern break out with high volume, Expected Returns-13.68%
COROMANDEL trade ideas
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 :)
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.
Coromandel International - Weekly ChartThis is another strong balance sheet stock with zero debt.
Price moves in tight range.
Near buy levels in daily.
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.
COROMANDEL rounding bottomStock has given a rounding bottom breakout at 920 area
Yesterday dip made a quick retest of 920 breakout area and bounced to close flat...Till 920 area is holding expecting a move on counter
Coromandel International. Good Stock for PF Long TermCoromandel International Ltd CMP - 973
Closing near 52 week high touching same day with good volumes on weekly timeframe.
Coming out of consolidation of range while market is down. Also outperforming index from past two weeks.
This stock can move upto 1200 in mid to long term.
Good stock to have in PF for long term steady retrurns.
Buy Today, Sell Tomorrow: COROMANDELDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in COROMANDEL
Buy Today, Sell Tomorrow: COROMANDEL
Coromandel BreakoutIf Coromandel gives a closing above 925 on daily chart then good upside can be seen in the script.
Intraday Trade/(2-3 days):- 06/03/2022COROMANDEL is trading now at very important zone. It is on double top on monthly basis and giving breakout on a daily & weekly basis. If it wants to go up, it will go up with momentum. If it wants to go up, it will go up with momentum. If it rejects then we have to understand that double-top play its role.
COROMANDEL buy above 915
Target 920, 930, 935, 950
CoromandelCoromandel International is showing good bullish sign. Plan your trade with proper risk management and enjoy the fruit
Coromandel Saucer pattern TradeOne can Play Coromandel Saucer Pattern Breakout with the Daily Sl of 822 for the Target of 955 levels
Coromandel International BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Coromandel looking stronger by every passing dayCoromandel International has given a strong Break out with good volumes. The company has strong presence in fertilizers, specialty nutrients, organic fertilizers, crop- protection and bio-pesticides. PE ratio of the company is little bit on the upper side currently at 17.9. Market cap of the company is Rs. 24,931 Crores. Entry now can be taken above 862 closing and the targets will be 888 and 923. A stop loss should be maintained at closing below 700. The stock can also be added on bounce between 775 and 800 if it dips a bit. Educational purpose only. For Paper Trading.
COROMANDELNSE:COROMANDEL
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All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
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Coromandel BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Big Breakout above 890Bullish above 890 if 1 day close
Target 956, 1010+
SL: 850
Risk is yours and Reward is too yours totally
Time Frame : 1-3 Months
Big Breakout and also Big Pattern trend line breakout Potential
Break Down COROMANDEL ShortSelling Opportunitycoromandel int is break down at major support of 741 and it retarce again the level of 741 so its opprtunity for shorting the coromandel as shows in chart U can put stop loss as 750 and tagtet as around 700 NSE:COROMANDEL
Coromandel ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
coromandel w pattern; 200dma support technicals
W pattern
good volume breakout
taking support at 200 dma
waiting for confirmatory candle
i.e next candle should be green with closure above 200dma
RSI 50
ADX 24 -also indicating weak ongoing trend
coromandel buy ideastock is inside a harmonic pattern and double tested .782 level, a stoploss at 2 % roughly coming around 790 so stoploss should be there and target 1 should be 868, at 1.3 level of the prz.
Coromandel ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.
