In this blog, we will again discuss the Cochin Shipyard Stock probable momentum for July 2025
What the Chart of Cochin Shipyard Stock is Saying
As we discussed earlier, the stock is in a range of 2050 to 2550. Now, today the stock has broken the lower range of 2050 and given a closing below that. Now we can see a descending triangle breakdown on the daily chart of this counter.
It looks like the stock may fall further towards the 2000 to 1950 zone. This zone is also a support zone for this stock. Now we have to see how the stock will behave next. Our view is clear for a bullish rally; if the stock sustains above 2550, then a further rally may happen.
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