Technical View: • COCHINSHIP is in its primary uptrend and also going through it's secondary uptrend. • Within the current secondary uptrend, COCHINSHIP has retraced 15% from top. • On 14-May-2024, COCHINSHIP has broke out from minor down trend line with higher than average volume. • COCHINSHIP has also closed above 20 DMA and 21 DEMA on 14-May-2024. • RSI is trading at 64.28 and MACD is trading at 63.43. • Looking strong to continue the current uptrend.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
บันทึก
21-May-2024 ----------------- LTP: Rs. 1,641 1st target of 1508 reached. 22% up from suggested level. NEXT TARGET: Rs. 1,718.
บันทึก
23-May-2024 ---------------- LTP: Rs. 1,890.20 2nd target of 1,718 reached. 41% up from suggested level. MACD, RSI and Moving averages are still giving bullish indication. Can eye 2,058 as Next Target.
บันทึก
27-May-2024 ---------------- LTP: Rs. 1,971 3rd target of 2,058 reached. 47% up from suggested level. MACD, RSI and Moving averages are still suggesting bullish momentum. HOLD till the momentum is strong with open target.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
In last one week lot of price action has been seen. Hence, closing this idea and publishing new one with updated chart and targets.