Complete trade setup! Kindly follow all key levels and resistance marked on the chart. Be patient — waiting is the key in trading.
Cochinshipyardlong
Cochin Shipyard – Key Level Retracement & Long SetupCochin Shipyard is perfectly retracing to a key support zone, showing strength for a possible bounce.
🔹 Entry: ₹2149
🎯 Target 1: ₹2543
📈 Potential Gain: ~18.3%
🕒 Plan: Holding position unless structure shifts
This setup aligns with the current trend — looking for a continuation after healthy retracement. Tight stop-loss recommended for capital protection.
💬 What's your view on this trade?
Live Example of Stage Analysis in action ( Cochin Shipyard )NSE:COCHINSHIP
Live example of stage analysis in action ⤵️
My Trade Plan that I largely executed:
✅ Take capital out, ride the profit
✅ Keep exiting on every rise
✅ Sold some yesterday
Selling one on every rise. Given how much the stock has run up, it’s time to reassess.
💛You may ask - why not exit fully? Simple: the market can be irrational for long periods.
There’s no right or wrong here — it’s about how much you’re willing to give back to the market from your risk-free shares.
Remember: Fundamentals are one side of the coin, but understanding how the story is sold in the market is crucial. This stock was once the market darling, but perceptions change. Time to shift to new sectors and stocks.
Check out what I shared 2 months ago: YouTube Video ( first comment below)
Disc: Still holding risk free shares, no recommendation to buy or sell. SEBI Certified RA
Cochin Shipyard might not remain laggard in the weak market.Entry in Cochin shipyard Ltd. can be taken after closing above 358.5. Targets will be 382 and 401. Long term target (12 to 14 months) in Cochin shipyard will be 428+. Stop Loss should be maintained at closing below 280. Cochin Shipyard is a medium to long term investment idea. Negative aspect of the stock is the net profit which has been below par for last two years or so. Valuation of the stock is cheap as the stock trends at a PE of 8. The positive aspect of the stock is that it is a low debt PSU with Zero promoter pledge where MFs are increasing their stake. The momentum in price is good, Annual Net profits are increasing company has posted a good result which was above expectation of many experts.
