Potential Double bottom pattern (Adam & Adam formation) awaiting upward breakout observed in Concor India Ltd weekly chart.
Resistance zone is at 1200-1250 levels. A close above 1250 with higher volumes would indicate confirmation of the Double Bottom pattern formation which is a bullish sign for the stock.
Swing Trading Strategy :
Buy : Above 1250 level (on closing basis)
Target : 1550 (Old Resistance level as on 1st June 2015)
Stop Loss : Below 1120
Trade Safe !!!
Note : I have no current positions in this stock but may enter a position or multiple positions in the coming days and weeks.
Resistance zone is at 1200-1250 levels. A close above 1250 with higher volumes would indicate confirmation of the Double Bottom pattern formation which is a bullish sign for the stock.
Swing Trading Strategy :
Buy : Above 1250 level (on closing basis)
Target : 1550 (Old Resistance level as on 1st June 2015)
Stop Loss : Below 1120
Trade Safe !!!
Note : I have no current positions in this stock but may enter a position or multiple positions in the coming days and weeks.
交易進行
Closed above 1250
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。