📈 **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.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.