CONCOR – Triangle Breakout with Fib Targets in Sight

18 May

CONCOR After weeks of coiling inside a symmetrical triangle, CONCOR has finally broken out above key resistance near ₹705 — backed by strong volume and price action.

Current Price: ₹730.50

Highlights:

• Triangle Breakout Zone: ₹702.15 (Fib 38.2%)
  
• Next Key Levels: ₹764.70 & ₹809.25 (61.8% & 78.6%)
  
• Strong Support Zone: ₹663–₹645 (Fib 23.6% & horizontal base)
  
• Also reclaiming the 200 EMA powerful trend confirmation.
  

Structure + Breakout + Fib Confluence = High Probability Setup

A close above ₹735+ may ignite momentum toward ₹767+ & ₹858+ zones.

Keep it on your radar.

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28 May

Not

Holding above 764