Cosco Corp looking bullish on daily graph, Cosco trading above its 200 day MA level today @ 1.872 and having next resistance @ 1.913 level.
Cosco Corp making a Falling wedge pattern, as it was trading in a bearish trend and now it can move to bullish zone as it took support @ lower support line and reverse, so if it will give breakout above 1.913 it can turn to be bullish.
Cosco Corp having a Resistance level @ 1.913 and it can move towards 1.945-1.98-2.04 above the breakout.
Cosco Corp having Support @ 1.87 levels as it was a Resistance previously and now it will be a Support zone below this 1.84-1.79 will be the support for Cosco.
Positional Trading Advice-
Go for Long in Cosco Corp at 1.91 for the Targets 1.95-2.00-2.05
and Stoploss 1.87 Holding period 4-5 days
and Stoploss 1.87 Holding period 4-5 days
0 comments:
Post a Comment