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Concor India - Potential Double Bottom Breakout underway

NSE:CONCOR   CONTAINER CORP
Potential Double bottom pattern (Adam & Adam formation) awaiting upward breakout observed in Concor India Ltd weekly chart.
Resistance zone is at 1200-1250 levels. A close above 1250 with higher volumes would indicate confirmation of the Double Bottom pattern formation which is a bullish sign for the stock.

Swing Trading Strategy :
Buy : Above 1250 level (on closing basis)
Target : 1550 (Old Resistance level as on 1st June 2015)
Stop Loss : Below 1120

Trade Safe !!!

Note : I have no current positions in this stock but may enter a position or multiple positions in the coming days and weeks.
交易开始: Closed above 1250
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