Stock of the day : Coromandel International Ltd For Target Rs. 1767

2024-11-04 10:31:31 am | Source: Religare Broking

Stock of the day : Coromandel International Ltd For Target Rs. 1767 - Religare Broking

News By Tags | #CoromandelInternationalLtd #ChemicalsSector #TradingReport #ReligareBrokingLtd

Coromandel International Ltd

* COROMANDEL has recently formed a double bottom formation, keeping the positive tone intact.

* Stock took support at 100EMA after some healthy correction from record highs, which impliedly reflects bullish sentiment continuation.

* Range breakout is also seen out of rectangle consolidation range.

* Verdict: Stock exhibits bullish sentiments.

* Traders can accumulate as we maintain buy in the mentione

Buy Coromandel International Ltd CMP 1667.1 Range 1664-1670 SL 1616 Target 1767

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Stock of the day : Coromandel International Ltd For Target Rs. 1767 - Religare Broking

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