Cosmo First Ltd.📈 **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 breakou
Cosmo First Limited
No trades
No trades
In-depth trading ideas
Cosmo First Limited, Bulls could take charge from hereAs per Elliot Waves, the subwave iii of (1) of 5 to begin once Rs763 crosses. The Diagonal structure is intact till StopLoss of Rs 520. It could achieve higher highs within a year & half.
Fundamentally the capacity expansion is completed, so no more capex required. As per management Revenue to rise and bottom line to grow as well in double digits this quarter onwards. The profits will be used to reduce debts making it an attractive investment. Available at just 13 P/e.
There is a clear diverge
COSMOFIRSTMy View on the Chart COSMOFIRST
Entry Point: On retest of the green line
Stop Loss: Strictly at the red line
The price has broken out above a key resistance level, which may indicate a potential bullish trend continuation. In my view, a retest of the green line could offer a good entry opportunity. However, it is crucial to follow the stop loss strictly to manage risk effectively.
⚠️ Disclaimer:
I am not a SEBI-registered advisor. This post is for educational and informational purposes on
COSMO FIRSTCosmo First Ltd. (currently trading near ₹881.25) – Overview Cosmo First Ltd., formerly known as Cosmo Films, is a diversified specialty materials company headquartered in India with a presence in over 100 countries. It operates across three verticals: • Packaging Films – BOPP, BOPET, CPP films for food, pharma, and industrial applications • Specialty Chemicals – adhesives, coatings, and masterbatches for flexible packaging • Consumer & Pet Care – Zigly, a D2C platform for pet wellness and lifes
COSMO FIRST LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price move
COSMOFIRST-WEEKLY-LONG TRADENSE:COSMOFIRST
Stock is showing strength in weekly timeframe. As we can see Stock is not able trade below previos lows.
This week it has shown a strong green candle with "W" pattern.
I believe it is a good time to go long with 605-610 which will be around 5% or so.
Please note that "This is only for educational purpose, please manage your risk accordingly."
Cosmo First takes First step towards finding old highs. Cosmo First Ltd. is a global leader in manufacturing of specialty films for flexible packaging, lamination, labelling and industrial application. The company has more than 56 eco-friendly products & its R&D (research and development) is equipped with modern analytical tools giving scientists an edge to characterize product at a molecular level.
Cosmo films CMP is 682.45. Negative aspect of the company is declining quarterly net profits. Positive aspects of the company are zero promotor pledge















