📈 **Stock Name: Cosmo First Ltd. (COSMOFIRST)**
💰 **Current Market Price:** **Around ₹816**
### Idea
The stock has given a strong **breakout above the major resistance zone near ₹757**, supported by bullish price action and increasing volume.
After a long consolidation and base formation, price is now showing signs of a fresh **bullish trend continuation** with strong momentum candles.
✅ **My View:**
The breakout indicates buyers are gaining control. If the stock sustains above the breakout zone, further upside movement may continue in the coming sessions.
A healthy retest near the **₹757 breakout zone (Green Line)** can provide a safer entry opportunity with better risk-reward.
🎯 **Possible Targets:**
• First Target: ₹900
• Second Target: ₹1300+
🛑 **Stop Loss:**
Below the **₹691 support zone (Red Line)** on a **Daily Candle Closing Basis**.
⚡ **Trend Outlook:**
As long as price holds above the breakout zone and continues forming higher highs and higher lows, bullish momentum remains intact.
⚠️ **Disclaimer**
This analysis is shared only for educational and informational purposes and should not be considered financial advice or a recommendation to buy or sell any security.
Stock market investments and trading involve substantial risk. All trade setups, targets, support/resistance levels, and stop-loss zones mentioned above are based on personal technical analysis and market interpretation, which may change depending on market conditions.
Please conduct your own research and consult a qualified financial advisor before making any investment or trading decisions. I am not responsible for any financial losses or trading outcomes resulting from the use of this analysis.
Trade responsibly and always follow proper risk management.
💰 **Current Market Price:** **Around ₹816**
### Idea
The stock has given a strong **breakout above the major resistance zone near ₹757**, supported by bullish price action and increasing volume.
After a long consolidation and base formation, price is now showing signs of a fresh **bullish trend continuation** with strong momentum candles.
✅ **My View:**
The breakout indicates buyers are gaining control. If the stock sustains above the breakout zone, further upside movement may continue in the coming sessions.
A healthy retest near the **₹757 breakout zone (Green Line)** can provide a safer entry opportunity with better risk-reward.
🎯 **Possible Targets:**
• First Target: ₹900
• Second Target: ₹1300+
🛑 **Stop Loss:**
Below the **₹691 support zone (Red Line)** on a **Daily Candle Closing Basis**.
⚡ **Trend Outlook:**
As long as price holds above the breakout zone and continues forming higher highs and higher lows, bullish momentum remains intact.
⚠️ **Disclaimer**
This analysis is shared only for educational and informational purposes and should not be considered financial advice or a recommendation to buy or sell any security.
Stock market investments and trading involve substantial risk. All trade setups, targets, support/resistance levels, and stop-loss zones mentioned above are based on personal technical analysis and market interpretation, which may change depending on market conditions.
Please conduct your own research and consult a qualified financial advisor before making any investment or trading decisions. I am not responsible for any financial losses or trading outcomes resulting from the use of this analysis.
Trade responsibly and always follow proper risk management.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.