CORAL INDIA FIN & HSG2 sep 2024 - CORAL INDIA FIN & HSG
A good trendline breakout with good volumes.
RSI breakout already happened.
Above 75 can see 80 / 90 / 115
Let's wait and watch.
DISCLAIMER :
I am not a SEBI REGISTERED analyst etc.
I am not responsible for anyone's gains or losses.
I am doing this only for my studies and learning.
CORALFINAC trade ideas
CORALFINACCORALFINAC (SWING TRADE STOCK )
Simple Price Action
Formed multiple InsideBar in Daily Time frame
Gave Powerfull Breakout Of multiple Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 71
Keep sl at 59
Target can be 100
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
CoralfinacStock name = Coral India Finance & Housing Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Great level 1) saucer pattern building in chart
2) 55 level is complition of the pattern
3) 60 level is life time High level
4) best level to enter (no recommendation)
5) 49 Stop loss and 60 Target
6) July 2021 high will break
7) volume building in chart
8) every level adding give strong results
9) no recommendation for buy and sell
Long term breakoutThe stock broke out from 2.3years range with strong volumes
Minor resistance overhead so its good to take small position
Expecting to go long term once the current breakout is retested (not mandatory) and cross the resistance rang of 54-58
Volumes are there for last couple of weeks
RS is pretty good
Coral India Finance & Housing Ltd (Swing):Coral India Finance & Housing Ltd (Swing):
This script has the potential to offer a 75-100% up move via swing.
Keep adding in chunks at the current level and on any dips if possible.
Appropriate resistances, supply and demand zones are highlighted.
Nice accumulation is also building up.
Time to attain the target can be over 6 months.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
Queries are welcome.