CochinShip testing key resistance zone

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.

Kommentera:

Still consolidating

Kommentera:

Still waiting since the candles are hugging the resistance zone.

Trade stängt manuellt:

Broke down... Will need to wait for the next time it comes near the top.