Concor India - Potential Double Bottom Breakout underway Potential Double bottom pattern (Adam & Adam formation) awaiting upward breakout observed in Concor India Ltd weekly chart. Resistance zone is at 1200-1250 levels. A close above 1250 with higher volumes would indicate confirmation of the Double Bottom pattern formation which is a bullish sign for the stock. Swing Trading Strategy : Buy : Above 1250 level (on closing basis) Target : 1550 (Old Resistance level as on 1st June 2015) Stop Loss : Below 1120 Trade Safe !!! Note : I have no current positions in this stock but may enter a position or multiple positions in the coming days and weeks. Longby wildwildmoneyUpdated 7
Long NSE:CONCOR Futures @ 1327 and short 1350 call at 20-25Margin required 93k. Use stop loss as hourly supertrend @ 1320by chandan.kumarPublished 8