Get started
Cochin Shipyard LimitedCochin Shipyard LimitedCochin Shipyard Limited

Cochin Shipyard Limited

No trades
OverviewFinancialsNewsDocumentsIdeasMindsTechnicalsForecastsSeasonalsBondsETFs

Trade ideas

Trend line BreakoutStock price has broken out from the downward sloping trend line on the weekly chart. Stock price has broken out on the daily chart where it is trading at highest level since may 2022. Primary trend of Stock is positive as it is trading above its 50,100, and 200 day moving averages. plus DI is trading above minus DI while ADX line is placed above 25 and started rising. Indicating stock price is likely to gather momentum in the current uptrend. Momentum oscillators like RSI and Mf1 are in rising mode and placed above 60 on the weekly chart, indicating strength in the current uptrend. Considering the Technical evidences discussed above, we recommend buying Cochin shipyard at cmp of 364 tgt 405/420
NSE:COCHINSHIPLong
by tusharvispute1
Cochin Shipyard might not remain laggard in the weak market.Entry in Cochin shipyard Ltd. can be taken after closing above 358.5. Targets will be 382 and 401. Long term target (12 to 14 months) in Cochin shipyard will be 428+. Stop Loss should be maintained at closing below 280. Cochin Shipyard is a medium to long term investment idea. Negative aspect of the stock is the net profit which has been below par for last two years or so. Valuation of the stock is cheap as the stock trends at a PE of 8. The positive aspect of the stock is that it is a low debt PSU with Zero promoter pledge where MFs are increasing their stake. The momentum in price is good, Annual Net profits are increasing company has posted a good result which was above expectation of many experts.
NSE:COCHINSHIPLong
by Happy_Candles_Investment
India's first indigenous aircraft carrier. INS Vikrant !The south china sea has picked up more traction off late with the Malacca strait being the gateway between the Pacific and Indian oceans . Hence critical for China so keeping that in mind i feel moving forward the Navy is going to give some major orders to this yard along with other countries. Price dropped from about 600 to just under 200 so i think we are in a new market cycle now . lower time frame next as of now looks good to continue till at least 400 . carrier sea trials start soon so assuming they get a nice payday as well :)
NSE:COCHINSHIPLong
by CompoundingGain