COROMANDEL INTERNTL. LTD
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COROMANDEL - 5 YR TREND NICELY HOLDING

217
Stock has been moving in an Uptrend channel ever since 2019...

Interesting is the fact that everytime the stock tests the upper trendline of the channel, it has made sure to test 100 EMA .

Putting this behavior into assumption, on breach and close abv 1272 on Weekly closing basis, has potential to hit 1370-1400 and might return back to around 1100, only to go further higher to 1500

Nota
Tgt 1 - 1400 achieved 👍
Dagangan ditutup: sasaran tercapai
Target as indicated by the orange arrow mark at 1523 achieved... Almost 20% within a month holding. This idea stands closed now

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.