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Kundan Motwani

1st Aug · SEBI-Registered Analyst

Technical view for Monday (3 Aug 2026) CONCOR $CONCOR

Technical view for Monday (3 Aug 2026) Level Price Immediate support ₹515 Strong support ₹505 Breakout trigger ₹531–533 Target 1 ₹545 Target 2 ₹558–560 Stop-loss ₹516 (closing basis) Trading plan Bullish breakout Buy only above ₹533 with strong volume and a 15-minute candle close above resistance. Wait-and-watch zone Between ₹520–530, avoid aggressive entries. This is a consolidation range where false breakouts are common. Weakness signal A move below ₹515 could lead to ₹508 → ₹500 quickly, so avoid fresh longs if support breaks. My view Swing trade: Positive above ₹533 Intraday momentum: Watch ₹531–533 Risk-reward: Attractive only after breakout confirmation Since you track breakout stocks regularly, CONCOR is a “watchlist candidate” rather than a confirmed breakout at ₹524. Level Price Immediate support ₹515 Strong support ₹505 Breakout trigger ₹531–533 Target 1 ₹545 Target 2 ₹558–560 Stop-loss ₹516 (closing basis) Trading plan Bullish breakout Buy only above ₹533 with strong volume and a 15-minute candle close above resistance. Wait-and-watch zone Between ₹520–530, avoid aggressive entries. This is a consolidation range where false breakouts are common. Weakness signal A move below ₹515 could lead to ₹508 → ₹500 quickly, so avoid fresh longs if support breaks. My view Swing trade: Positive above ₹533 Intraday momentum: Watch ₹531–533 Risk-reward: Attractive only after breakout confirmation Since you track breakout stocks regularly, CONCOR is a “watchlist candidate” rather than a confirmed breakout at ₹524.

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