COCHIN SHIPYARD, Getting Ready for Breakout!!
The Stock is moving in falling wedge pattern since Dec 2022 and currently looking strong under Falling Wedge Pattern (bullish)... and giving intuition of a Breakout soon....
After it made Bullish Engulfing Candlestick Pattern on 01 March 2023 , the stock gathered momemtum, with Price rising and so as Volumes... Which
is considered a bullish signal..
Go Long with CMP Rs 481 and SL below 453 Rs.
With a target of Rs515 Rs540 and Rs560...
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
After it made Bullish Engulfing Candlestick Pattern on 01 March 2023 , the stock gathered momemtum, with Price rising and so as Volumes... Which
is considered a bullish signal..
Go Long with CMP Rs 481 and SL below 453 Rs.
With a target of Rs515 Rs540 and Rs560...
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.