COROMANDAL INT - Approaching Cup&Handle & Ascending Pattern

#COROMANDAL

Patterns 1) Cup & Handle 2) Ascending Triangle.

• The resistance from 830-840 has been tested 3-4 times.
  

• Another push with good volume is likely to break this resistance and form new highs.
  

• Can trail profit at every 6-8%
  

• Immediate support at 770 and or at 724/trendline.
  

• Can buy on dips near 770 or at the support level.
  

• Best to buy above the resistance or at the support level
  

Trade ist aktiv

Kommentar:

Price has bounced from the support, it has been tested again.
hold tight, the resistance will break

Trade ist aktiv

Kommentar:

still struggling to cross 827-840 range, heavy sellers..resistance