BO from Wedge/triangleConcor has been trading with big volumes ( always a positive sign) in last couple of sessions and has broken out of the triangle pattern with big volumes..
Target 1 - 643
Target 2 - 712
And if it keeps up the momentum it can reach 761.
Calculate your risk/reward and trade. This is just an idea.
CONCOR trade ideas
concorp multi year breakoutAs we c the multiyear break out is forming in the concorp
2 supports at the bottom (From 2014)
4 Resistance at the top (From 2014)
From Sep 2019 to Feb 2020 got consolidated and breakdown happens
From Feb 2021 to 17 May 2021 again consolidation has happened and boom (Broke the resistance with huge vol)
can expect upside
Disclaimer : Just for education Purpose.
Thanks Happy Trading :)
CONCOR LONGM & W Timeframe in Bullish region above 60
Triangle Breakout in Price Supported by:
1. Breakout in Daily RSI
2. Outperformance to Broad Market (CNX500)
Enter Long @ CMP
Initial Stop @ 575 (Closing basis in hourly timeframe)
Trailing Stop with SuperTrend or Adaptive ATR
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Risk Disclosure
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All trading strategies are used at your own risk.
CONTAINER CORP LONG / SHORT
1. Stock forms the symmetrical Triangular pattern (which is neutral pattern).
2. if the break out happened with good volume then go for BUY blindly ( Target will be Shown trend Line)
3. if the break down happened with good volume then wait for retesting before taking the SELL position (Target will be the Shown Horizontal Line)
CONCOR LONG INTRADAY 31 MAR,2021Dear trader,
If u look at the chart of CONCOR (analysis based intraday only) the CONCOR support at 617 and Target at 627 and Stop loss at 607.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
CONCOR LONG INTRADAY 26 MAR 2021Dear trader,
If u look at the chart of CONCOR (analysis based intraday only) the CONCOR support at 576 and Target at 586 and Stop loss at 570.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Concor { 15 M Short }Shooting star has formed & IB after it. we'll be betting on a fall here . Rest is as per charts
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
Concor - Intraday Trade SetupConcor CMP - 437
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy ONLY 441 / Stop Loss 435
Target 1 - 445
Target 2 - 450
Target 3 - 455
Disclaimer: This is my view and for educational purpose only.