Cochin Shipyard Ltd is the largest shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India. Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers.
We recently see a good conslidation in defence stocks and now investors are return to Defence stock ahead of budget.
So i am expecting a good move in Defence sector, on charts Cochinship is looking good.
CMP : 2025
SL :1850
TARGET : 2350
Note: its not any stock recommendation it is only for educational purpose.