CochinShip testing key resistance zone

Diupdate
Notes:
  • 420-425 has been a long term resistance for the scrip.
  • The scrip has previously defined this range to be crucial through multiple rejections (as highlighted).
  • The most recent candle could be a pullback. Will have to wait for the confirmation candle to confirm it.



Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Catatan
Still consolidating
Catatan
Still waiting since the candles are hugging the resistance zone.
Trading ditutup secara manual
Broke down... Will need to wait for the next time it comes near the top.
Chart PatternsCOCHINSHIPcochinshipyardTrend Analysis

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