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 activity
This 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.
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.
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...
Technically made an ascending patern
892 is resistance
if break can see a huge rally
recently opened maintainence dock is a big positive..
Incorporated in the year 1972, Cochin Shipyard Limited(CSL) is a leading player in construction of all kinds of vessels, repairs and refits of all types of vessels including periodic upgradation and life extension of...
1. *Company Overview*: Cochin Shipyard is a leading shipbuilding and maintenance company in India. It specializes in constructing and repairing vessels for various segments including defense and commercial shipping.
2. *Fundamental Analysis*: COCHINSHIP has shown a great change in Earnings per share and has also improved net income QoQ. The stock has a great...
Conchin shipyard after a 100% rally entered consolidation phase afterwards. During the previous week bulls were able to close it above a recent resistance of 1120 making a strong candle. Stock becomes a buy above 1130 with a target of 1300 and stop loss below 1050
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
COMPANY HAS TRUCK LOAD OF ORders , maybe im attemptin to enter too early into the retracement but afraid might miss the bus again in shipbuilders like grse and mazdgaon dock , which hardly retraced
sl below 985
