# **COCHINSHIP | Weekly Trade Setup**

### **Executive Summary**

**Ticker:** COCHINSHIP
**Timeframe:** 1W
**CMP:** ₹1,519.70
**Bias:** 🟢 **Bullish Reversal / Accumulation**
**Preferred Entry:** **₹1,420–₹1,435**
**Stop Loss:** **₹1,332**
**Setup Quality:** **8.4/10**

Cochin Shipyard is positioned in the **weekly discount region**, with price holding above a rising long-term trendline and a visible **+FVG** around the preferred entry zone.

The setup offers an attractive **risk-to-reward profile**, but confirmation remains important because the broader weekly structure has not fully transitioned bullish.

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## 🎯 Trade Plan

| Level | Price | Role |
| ------------ | ------------: | ----------------------- |
| **Entry** | ₹1,420–₹1,435 | Discount + FVG |
| **SL** | ₹1,332 | Structural invalidation |
| **TP1** | ₹1,981 | First IRL liquidity |
| **TP2** | ₹2,274 | Second liquidity target |
| **TP3** | ₹2,550–₹2,562 | Major IRL liquidity |
| **Extended** | ₹2,978 | External high |

### 📊 Approx. Risk/Reward

Using **₹1,435 entry / ₹1,332 SL**:

* **TP1:** ~5.3R
* **TP2:** ~8.1R
* **TP3:** ~10.8R
* **Extended:** ~15R

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## 🔍 Key Confluences

### 🟢 Bullish Factors

* Weekly **discount** location
* +FVG around the entry region
* Long-term rising trendline support
* Price has stabilized following the previous decline
* Significant liquidity targets above
* Large upside imbalance zones remain unfilled

### 🔴 Risk Factors

* Weekly structure is not yet fully bullish
* **₹1,750–₹1,850** contains significant bearish IFVG resistance
* ₹2,274–₹2,700 contains substantial overhead supply
* A decisive breakdown below **₹1,332** invalidates the setup

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## 🧠 Execution

**Preferred sequence:**

**₹1,420–₹1,435 retracement**
↓
Bullish reaction / confirmation
↓
**₹1,981**
↓
**₹2,274**
↓
**₹2,550–₹2,562**
↓
**₹2,978 extended**

### ⚠️ Do Not Chase

Current price is around ₹1,520. The chart provides a better risk-defined location around **₹1,420–₹1,435**.

If price reaches TP1, consider partial profit-taking and protect the remaining position.

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## 🔄 Alternative Scenario

If price breaks and establishes weekly acceptance below **₹1,332**:

**Bullish thesis invalidated.**

The next major downside reference visible on the chart is approximately **₹1,168**.

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# **Final Trade Thesis**

> **COCHINSHIP is positioned in weekly discount with supportive FVG and long-term trendline structure. The preferred strategy is to wait for a retracement into ₹1,420–₹1,435 rather than chase price, with ₹1,332 as structural invalidation. The upside liquidity roadmap is ₹1,981 → ₹2,274 → ₹2,550–₹2,562, with ₹2,978 as the extended objective.**

**ENTRY:** ₹1,420–₹1,435
**SL:** ₹1,332
**TP1:** ₹1,981
**TP2:** ₹2,274
**TP3:** ₹2,550–₹2,562
**EXTENDED:** ₹2,978

**Execution:** **WAIT → RETRACEMENT → CONFIRMATION → EXECUTE**

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### ⚠️ Disclaimer

**This analysis is for educational and informational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any security.** Trading and investing involve substantial risk, including the possible loss of capital. The levels and scenarios shown are based solely on technical analysis of the provided chart and may fail as market conditions change. Always conduct your own research, verify fundamentals and market conditions, and use appropriate position sizing and risk management. **Past performance does not guarantee future results.**