CONCOR - Bullish Swing Reversal

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NSE: CONCOR is closing with a bullish swing reversal candle supported with volumes.

Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.

The stock has been moving along the horizontal support for the past few days which is indicating demand.

One can look for a 8% to 11% gain on deployed capital in this swing trade.

The view is to be discarded in the event of the stock breaking previous swing low.

#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade


Disclaimer:

This is for educational purposes only.
Trade chiuso: obiettivo raggiunto
Moved perfectly as per analysis and booked gains of 11%.
bullishreversalCandlestick AnalysisconcornseindiastockmarketindiaSupply and DemandSupport and Resistanceswingreversalswingtradevolumes

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