Strong Base, Strong Future – Coromandel Set to Fly

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Strong Base, Strong Future – Coromandel Set to FlyCoromandel International LimitedNSE:COROMANDELFiveCirclesWeekly Timeframe Analysis – Coromandel International Coromandel is maintaining a Higher High – Higher Low (HH–HL) structure on the weekly timeframe and is currently taking support from the Supertrend indicator, with immediate support near ₹2100. The stock is also forming a broadening pattern with a strong support zone around ₹2050. If the stock breaks below this zone, the next major polarity support lies near ₹1800–1850. However, if the ₹2050–2100 support holds in the shorter timeframe, we may see upside momentum towards the upper boundary of the pattern near ₹2900. In case the shorter-term support fails, we will wait for the long-term support before reassessing the potential targets. Key Levels to Watch: Support: ₹2050–2100 / ₹1800–1850 Resistance / Potential Target: ₹2900