Buy Cochin Shipyard Ltd For Target Rs.375 - Anand Rathi Share and Stock Brokers
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* The stock COCHINSHIP has confirmed a major breakout from the multiple resistance level of 346 with decent volumes.
* The price action has also take shape of bullish flag breakout.
* This price action is being witnessed just above the placement of 200 week’s moving average and indicates sheer strength. Thus we advise traders to buy it in the range of 346 – 342 with a strict stop of 330.
Buy Cochin Shipyard Ltd CMP: 346, STOP LOSS 330, TARGET 375
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