Coromandel International Ltd.

Coromandel International Ltd. is currently consolidating within a bullish ascending triangle pattern, with key resistance at ₹1918-1920 and strong support at ₹1710 (50-day MA). Indicators like RSI and MACD signal growing bullish momentum, suggesting a potential breakout above ₹1920, which could lead to targets of ₹2000-2050. However, a breakdown below ₹1710 could shift sentiment bearish, with downside targets at ₹1660-1550. Traders are advised to wait for a decisive move outside this range, entering long above ₹1920 or short below ₹1710, while using tight stop-loss levels to manage risk effectively.