#COCHINSHIP CochinShipYard has bottomed out and bounced from the 200EMA, a good time for entry above 1850 hold for a Target of 3050Longby billpramodUpdated 8
Technical Analysis of Cochin Shipyard LtdTechnical Analysis of Cochin Shipyard Ltd Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions. We are not responsible for your loss. COCHINSHIP Technical Analysis - The chart shows a 1-hour timeframe chart of COCHINSHIP with a focus on potential buying opportunities. Key Observations: Upward Trend: The overall trend appears to be bullish, with the price making higher highs and higher lows. The blue ascending trendline reinforces this upward movement. RSI Divergence: The Relative Strength Index (RSI) indicator shows a bullish divergence. This means that the price is making higher lows while the RSI is making lower lows. This can signal a potential reversal to the upside. Support and Resistance Levels: The chart highlights several key support and resistance levels. The price is currently trading above the crucial support level of 1,434. If the price can hold above this level, it could continue its upward momentum. Potential Buying Opportunity: - The chart suggests a potential buying opportunity if the price breaks above the 1,434 resistance level. This could signal a continuation of the uptrend. Risk Management: - As with any investment, it's crucial to manage risk. Consider using stop-loss orders to limit potential losses if the price moves against your position. Additionally, you might want to set a take-profit target to secure profits once the price reaches a certain level. Additional Considerations: Fundamental Analysis: While technical analysis provides insights into price trends, it's essential to consider the company's fundamentals. Factors like earnings reports, management changes, and industry news can also impact the stock price. Market Sentiment: The overall market sentiment can influence individual stocks. If the broader market is bearish, it could put downward pressure on COCHINSHIP even if the technical analysis suggests an upward trend. Remember: Technical analysis is just one tool in an investor's toolkit. It's always advisable to combine it with fundamental analysis and consider other factors before making investment decisions.Longby ForexTrader4all229
Cochin Shipyard LongCochin Shipyard Bank- Set ups MTF Analysis Cochin Shipyard BankYearly Demand Beakout 708 Cochin Shipyard Bank 6 Month Demand Breakout 708 Cochin Shipyard BankQtrly Demand 940 Cochin Shipyard BankMonthly Demand 1378 Cochin Shipyard BankWeekly Demand 1378 Cochin Shipyard BankWeekly Demand BUFL 1370 ENTRY -1 1370 SL 1311 RISK 59 Taget as per Entry 4270 Points to Gain 1,450 Latest Last Swing High 2674 Latest Last Swing Low 1224 Longby pradyammm7
Would you buy the dip in Cochin Shipyard Ltd?A sharp correction of almost 47% doesn't look like wave 4 by any means like others are thinking. An extended 5th wave is followed by a sharp correction. Seems like corrective Wave A has been completed and a small pullback Wave B is expected towards 2000 odd levels before further fall towards 900 odd levels as Wave C to form a Zigzag. I am just guesstimating a zigzag to support my current view, it can be any corrective pattern we will see later. I have drawn a key level which is adding confluence for the price to find support. Not a trade recommendation, do your own due diligence before taking any action. Do like and follow for more accurate insights. Peace!!Shortby Swastik249
COCHINSHIP LONGStrong support for COCHINSHIP 1. 200 MA Support 2. Already volume created 3. Weekly fib 61.8% 4. If fails to hold one can buy more at 1250 5. only for Long term 6. Good luck Longby Abee55418
#COCHINSHIP CochinShipYard has bottomed out and bounced from the 200EMA, a good time for entry above 1850 hold for a Target of 3050Longby billpramod3
Reversal #Stock - Cochin Shipyard- Bounce from Demand Zone & Reversal sign - Trendline #Breakout - Volume Spurt 📌Potential upside ❣️&🔄by StockGrove2225
Flag and Pole pattern?Potential upside. what do you think? A flag and pole pattern is formed. Longby surjithctly19
Live Example of Stage Analysis in action ( Cochin Shipyard )NSE:COCHINSHIP Live example of stage analysis in action ⤵️ My Trade Plan that I largely executed: ✅ Take capital out, ride the profit ✅ Keep exiting on every rise ✅ Sold some yesterday Selling one on every rise. Given how much the stock has run up, it’s time to reassess. 💛You may ask - why not exit fully? Simple: the market can be irrational for long periods. There’s no right or wrong here — it’s about how much you’re willing to give back to the market from your risk-free shares. Remember: Fundamentals are one side of the coin, but understanding how the story is sold in the market is crucial. This stock was once the market darling, but perceptions change. Time to shift to new sectors and stocks. Check out what I shared 2 months ago: YouTube Video ( first comment below) Disc: Still holding risk free shares, no recommendation to buy or sell. SEBI Certified RA by Peaceful-Weekend-Investing16
Cochin Shipyard Cochin Shipyard Ltd Cochin Shipyard is mainly engaged in the construction of vessels and repairs and refits of all types of vessels including upgradation of ships periodical layup repairs and life extension of ships Positive Factors Increase in order book providing revenue visibility for the long term on a sustained basis Improvement in income and accruals on sustained basis Negative Factors Substantial decline in Government Of India stake Continuous decline in the order bookby Peaceful-Weekend-InvestingUpdated 44
COCHIN SHIPYARD S/R for 22/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement. by zenthosh7
Cochin ShipyardNSE:COCHINSHIP (1D) CMP : 1902.85 • Hovering Near All time High above all KMA • can see New All time High soon • QoQ progressive Financial performance adds stars to healthy Financial condition • stock is continuously making small bases while resting and given Parabolic move • belongs to Relatively strong sector compared to others Sector : Ship Building Industry : Ship Building Market Cap : 50,061.64 cr. Category : Small Cap PE : 63.91 Industry PE : 42.42 About Company The company caters to clients engaged in the defence sector in India and clients engaged in the commercial sector worldwide. In addition to shipbuilding and ship repair, it also offers marine engineering training. Moreover, the company is in the process of constructing a new dock, stepped dry dock (Dry Dock). This stepped dock will enable longer vessels to fill the length of the dock and wider, shorter vessels and rigs to be built or repaired at the wider part. It is also in the process of setting up an International Ship Repair Facility (ISRF), which includes setting up a shiplift and transfer system. Cochin Shipyard Ltd. The company was incorporated as Cochin Shipyard Limited on March 29, 1972 as a private limited company under the Companies Act, 1956, with the Registrar of Companies, Kerala at Emakulam. The company became a deemed public limited company under section 43A of Companies Act, 1956 on July 1, 1982. The company again became a private limited company with effect from July 16, 1985. The company became a public limited company with effect from November 8, 2016 and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Kerala at Ernakulam. In the last three decades the company has emerged as a forerunner in the Indian Shipbuilding & Ship repair industry. This yard can build and repair the largest vessels in India. The yard has delivered two of India's largest double hull Aframax tankers each of 95,000 DWT. CSL has secured shipbuilding orders from internationally renowned companies from Europe & Middle East and is nominated to build the country's first indigenous Air Defense Ship. Shipyard commenced ship repair operations in the year 1982 and has undertaken repairs of all types of ships including upgradation of ships of oil exploration industry as well as periodical lay-up repairs and life extension of ships of Navy, UTL, Coast Guard, Fisheries and Port Trust besides merchant ships of SCI & ONGC. The yard has, over the years, developed adequate capabilities to handle complex and. sophisticated repair jobs. The Shipyard also trains graduate engineers to marine engineers who later join ships both Indian and foreign as 5th Engineers. Business area of the company The company caters to clients engaged in the defence sector in India and clients engaged in the commercial sector worldwide. In addition to shipbuilding and ship repair, it also offers marine engineering training. Moreover, the company is in the process of constructing a new dock, a 'stepped dry dock (Dry Dock). This stepped dock will enable longer vessels to fill the length of the dock and wider, shorter vessels and rigs to be built or repaired at the wider part. It is also in the process of setting up an International Ship Repair Facility (ISRF), which includes setting up a shiplift and transfer system.Longby Kenil_RanaUpdated 4416
Cochin Shipyard moving forwardAfter receiving buy signal few days back and also the aggressive buy, there's no looking back. since it has done ATH, market setiments will follow. Entering at Pull back on the green line will be a great idea or take a chance. DYORby jonahmano223
COCHIN SHIP with targets and supportcochin ship is in uptrend again...broke previous resistance and now ready for new targets to hit. chart analysis are given here with support zones and targets zones in cochin ship. afer completeion of targets this stock will face a steep downtrend which could drwaback this stock near 1600 levelsby k3103delhi24
#covhinshipyardAgain setting up BO on good volumes Trend likely to continue Candidate for all time high Super strong chart Longby REKHA_CHOUDHARY4
Review and plan for 15th May 2024Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT12:28by vinaysh3
Cochin Shipyard is under breakoutCochin Shipyard is under breakout . Consider buying only after getting a closing green candle above the trend line Disclaimer: Education Purpose OnlyLongby Jephin_J_HUpdated 11
Breakout - Cochin ShipyardCochin shipyard has broken out from a short consolidation on good volumes. \ Looking very bullishLongby SwingTrader_New6
COCHINSHIP looks goodCOCHINSHIP looks good for upside level. This is only for educational purpose. Longby mrmahore56554
COCHINSHIP The stock has good fundamentals, and you can see the sudden drop in price on March 13 shaking out weak candidates. Additionally, we can observe the volume activityby magajikondiroshan226
Cochin Shipyard Positional PickCochin Shipyard Positional Pick (Duration few weeks) Buy @ : CMP Targets : 1107, 1323, 1424, 1526, 1730,1985, 2238 Stop Loss : below 874Longby IOTABHIUpdated 10
Breakout for long targetThis scripts show pull-up after making support at100 Ema. Defense stocks are in good sentiment ,so keep eye on it. All important level and strategy is mentioned on chat.Longby SWINGERTRADER16
#cocinshipyard base formation stock is trading on trendline while slowly forming base if stock cross purple horizontal line and sustain than it can be good setup for swing (long). its only for education purpose only. i will not be responsible for your lose.Longby broly_4