Concor has been in the news because of disinvestment by the govt. I expect this one to be among the fastest disinvestments.
Technically the stock has broken out of a range where it has had multiple failures in the recent past.
Also its crossed its 200EMA yest and took support at the same.
Long at CMP with a SL below 410. First target 461 which is the 200WEMA..if and when it crosses that this stock could make for a very profitable trade. I plan to double down my position (currently 4% of my pf) above the 200WEMA.
Ps: I have a long position from 430.
Technically the stock has broken out of a range where it has had multiple failures in the recent past.
Also its crossed its 200EMA yest and took support at the same.
Long at CMP with a SL below 410. First target 461 which is the 200WEMA..if and when it crosses that this stock could make for a very profitable trade. I plan to double down my position (currently 4% of my pf) above the 200WEMA.
Ps: I have a long position from 430.