Coromandel International Shows Strong Support Zone and Bullish Divergence

Coromandel International shows bullish divergence, with an entry range of Rs 2,200–2,215 and a target of Rs 2,450, stop-loss at Rs 2,095.

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Coromandel International Shows Strong Support Zone and Bullish Divergence

Coromandel International Shows Strong Support Zone and Bullish Divergence
Coromandel International has displayed a strong support zone and long-term bullish divergence, which technical indicators suggest could trigger a price rise. With the stock currently trading in the Rs 2,200–2,215 range, a breakout could take it towards Rs 2,450. A stop-loss at Rs 2,095 is recommended for traders. The company's positive long-term outlook is supported by its growing presence in the agrochemicals market and consistent financial performance in recent quarters. Investors should look for entry near Rs 2,200 for a potential upward move.