Cochin Shipyard Technical Outlook Buy on Dips, Resistance Ahead

chart is showing strong momentum, with a sharp recovery taking the price above 1800. As long as the price holds above the 1775–1780 support zone, the trend remains positive and there’s potential for further upside towards the 1840–1860 resistance area. Any dip between 1780 and 1800 should attract buying, and profit booking can be considered near 1840. However, if the stock closes below 1775, a short-term correction or weakness may follow. Stop-loss should be maintained just below 1775 for any bullish positions.