COROMANDEL breakout and retest
Stock has bounced back from very Long term support on Monthly chart, but has taken some pull back from weekly trendline.
on dailiy TF it has broken important resistance indicating reversal and might break weekly trendline.
one can plan Entry near support on dailiy chart.
But if price closed below support on Dailiy TF (red zone), exit from stock we will get it even at better price.
Please follow proper risk management
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
on dailiy TF it has broken important resistance indicating reversal and might break weekly trendline.
one can plan Entry near support on dailiy chart.
But if price closed below support on Dailiy TF (red zone), exit from stock we will get it even at better price.
Please follow proper risk management
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.