paras0408

CONCOR: Formed Cup & Handle Pattern

Long
paras0408 Updated   
NSE:CONCOR   CONTAINER CORP
CONCOR has formed Cup & Handle Pattern and started to gave breakout from 625.

Can be added around 625-635 with expected target of 690 and set Stop loss at 600.

Pattern is forming on hourly chart.


Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Trade active
Comment:
663-665 is strong resistance level and if that resistance is broken then next target could be 683-685.
Comment:
As expected 663-665 resistance level is broken..
Trade closed: target reached:
Now stock headed sideways but reached at 680 level. We can say our target is almost achieved.
Comment:
Today reached till 688. Target Achieved.
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