Concor - On its way to another ATHConcor - Looking strong towards the upper range consolidation... One more ATH calling ... Let us see...! SL is 680.
DISC: Not a SEBI regd. I post charts for my own study.
CONCOR trade ideas
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Concor - Expecting a BreakoutConcor has formed a good pattern :
Reason to trade this stock
1. Bullish candles - 30 Aug & 2 Sep
These bullish candles depict the demand for the stock
Trade the breakout when you see a positive closing above the resistance level marked
CONCOR 1D CONSOLIDATION AFTER BREAKOUTCONCOR consolidation after giving breakout if stock is manage to close above or sustainable trade above 753 then we can buy and hold with strict SL of 715.
NOTE:- trade with strict SL if it's give fake breakout then we can see sharp downfall.
CONCOR - CONCOR - ATH closing.
We have a new ATH closing on weekly basis.
But we also have an extended wick at the same region which implies that bears can jump in at the last moment.
Risky investors can buy at CMP and add more on dips up till 720 levels.
Safe investors should enter only above 750 levels (weekly close)
Targets 842.15 & 891.
REASONS - Container costs have risen 300 times in the past few months. This company is the direct beneficiary of this implication.
Concor looks good for 800 900 1000 in comming monthsconcore looks good for 800 900 100 in comming months its fundamentally good stock can have it in your portfolio for next 6 months from 755 to 760 zone with strict sl as market is at all time high we may see volatility.
sl will be below 700
CONCOR - CUP & HANDLE FORMATIONSwatch out 760+ level , close abv 760 will give gud up move towards 1100-1200+
CONCOR close to a breakoutCONTAINER CORP getting closer to another breakout
Price consolidating just below the key resistance
Expecting new highs next week
concor trade set upa rsi divergance seen in 4 hour chart, stock has made a cypher shark pattern in daily and weekly time frame, setting a stoploss of 755 daily close concor is a sell on rise candidate for target 717.
CONCOR 50 % potential stock Nearing BreakoutCONCOR 50 % potential stock Nearing Breakout
CMP 728
Tragte 1000+
SL 600-630
concorContainer Corporation of India Limited (CONCOR), was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways. In addition to providing inland transport by rail for containers, it has also expanded to cover management of Ports, air cargo complexes and establishing cold-chain. The company developed multimodal logistics support for India's International and Domestic containerization and trade.
Business area of the company
CONCOR's core business is characterised by three distinct activities, that of a carrier, a terminal operator, and a warehouse operator. CONCOR is committed to providing responsive, cost effective, efficient and reliable logistics solution to its customers. It strives to be the first choice for its customers. CONCOR is a customer focused, performance driven, result oriented organization, focused on providing value for money to its customers.
Products and Services
LCL Hub Services
Air Cargo Movements
Bonded WareHousing
Reefer and Cold Chain Services
Factory Stuffing/Destuffing
Cabotage of ISO container
Analysis of the CONCOR.As you can see there is a simple TRIANGLE pattern formed in the day time frame.
>It took support at the 3(*) critical levels
1.At 493- there we can see a good standard 'V' candle.*
2.At 544.6- slight consolidation.
3.At 551- a good bull candle.
4.At 562- also a stand 'V' again.
5.At 569- bull run.*
6.At 628- it took retrace.
7.Now at 649- it is forming a good 'V' again.*
>It faced the resistance accordingly at the top at 2 major levels resulting in a good triangle pattern.
*Note: Take the action after the breakout (above the resistance at 716/below the support at 638) with the strict STOP LOSS according to your risk taking ability.
CONCOR ::: BULLISH :::DATE: 12 JUL 2021
INSTRUMENT: CONCOR
TREND: BUY
TIME FRAME: DAY
CMP: 684.65
BUY ABOVE: 702
STOP LOSS: 664
TGT 01: 715
TGT 02: 728
TGT 03: -
INDICATORS FOR CONFIRMATION OF TREND
BOLLINGER BAND: BULLISH
PSAR: BELOW CANDLE
RSI: BULLISH
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Long term pick Buy CONCOR around 680-690. CMP 700. It’s consolidating. However, I think it will test its support before giving breakout. Once it gives breakout, targets are coming very aggressive. Worth investing for medium to long term.
Long term pickBuy CONCOR around 680-690. CMP 700. It’s consolidating. However, I think it will test its support before giving breakout. Once it gives breakout, targets are coming very aggressive. Worth investing for medium to long term.
My view on ConcorConcor is at breakout point after solid consolidation. Concor can touch a level of 700 in short term. There is a strong volume also on the daily chart.
SL: 580
CONCOR - MONTHLY BREAKOUTConcor has broken monthly trendline and is at life time high. Hold with S/L below 680 for targets of 900+
CONCOR - Yearly breakout-Breakout with Volumes
-Bullish RSI Levels
Stoploss can be 622(previous resistance) on Daily closing basis
