CORONA

CORONA Remedies Ltd.

Pharmaceuticals & Drugs

Early Trend
Stage 2 RS leader VCP active Handle

Setup readiness

Early Trend

Pivot Levels
₹1940.3-2129.5
Support Level
₹1998.8
Resistance
₹2542.7
Risk Distance
6.1% to stop

Pivot, entry, support, and resistance levels are generated automatically by our research algorithms from historical market data. They may be incomplete or inaccurate and can change between scans. Shown for research and educational study only — not investment advice or a recommendation to buy, sell, or hold any security. Do not base trading decisions on these levels.

RS
98.0
ADX
49.0
Vol
78.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Strong technical characteristics

Trend, relative strength and base characteristics align with higher-scoring names in the scan.

Relative strength Strong
Breakout readiness High
Accumulation Distribution pressure

Bullish factors

  • Incomplete DMA trend stack.
  • Price is approaching the pivot zone.
  • 3 closes within 0.1% — extraordinary tightness, last coil.
  • 5 closes within 0.9% — tight band forming.
  • ATR 3.2%/day — healthy volatility (+4).
  • ATR shrinking 3 consecutive weeks — coil forming.
  • MACD bearish divergence — price firm but histogram fading (−4).
  • Pocket pivot detected, but broader structure still shows distribution pressure.
  • 79% of profile volume above POC.
  • Price holding above POC — bullish volume profile.
  • RS elevated — leadership confirmed (near highs / volume / RS line).

Risk factors

Overall view

Localized accumulation signals (such as pocket pivot) are present, but broader volume flow shows distribution pressure. Strong technical characteristics — momentum and institutional cues show broad alignment.

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Swing Edge Indicator (SEI) No Edge · Grade F

How favorable this setup looks for swing trading, from the latest research scan. For research only — not trade advice.

Swing Edge Technical Strength 9.9
Phase
DISTRIBUTE
Grade
F
Setup window
0 of 20
Edge label
No Edge
Market structure BOS · FVG · OB · sweeps

Daily-bar structure only. Research context — not trade signals.

Structure & BOS

Swing trend and break of structure on daily bars

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Premium / discount

Price position vs 20-day equilibrium

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Fair value gaps

Unfilled daily imbalance zones

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Order blocks

Displacement zones after strong moves

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Liquidity sweeps

Recent stop-run events on daily bars

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Breaker levels

Prior swing levels cleared on latest close

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Setup research

CORONA — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is near the pivot zone

  • RS line near highs
  • Handle formation detected after prior advance
  • Stage 2 uptrend structure detected

Flagged 2 days ago

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2
  • Sector Leading (#4/34) — tailwind
  • Relative strength Leader (RS 98)
  • Trend strength Strong (ADX 49)

Negatives

This idea is wrong below ₹1998.8 (3.1% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹1998.8
  • Pivot — failure re-entry below₹2118.9

Risk distance

6.1% to stop
1.9× ATR
3.2× R:R
19.4% reward

Risk ≈ ₹130.64/share from entry ₹2129.5.

No major skip flags detected from current scanner data.

Setup metrics Latest scan

CORONA Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish

POC
₹1718.56
VAH
₹1950.07
VAL
₹1655.42
Vol above POC
79.0%

Institutional Activity · Distribution

Avg cost basis
₹1758.74
Acc zone
₹1372.3–1979.0
Accumulation sessions
6
CMF
-0.19

Structure

Trend / stage
Stage 2 (Early)
Stage 2
RS rank
98.0
Strong
ADX
49.0
Strong

Momentum

RSI
69.0
Strong
Recent move (10d / 20d)
+1.2% / +12.3%
Neutral
Volume quality
78.0
Strong
Relative strength
Leading
Leader

Risk

Failure risk
20.0
Low risk
ATR % / day
3.2%
Healthy
Distribution
2 day(s)
Neutral
Volatility
5 VCP
Contracting
More scanner fields
Sector RS 11.2%
Base 16w · 35.4%
VCP waves 5x
Vol dry-up No
Avg value ₹5.6 Cr
Failure flags Deep base

CORONA Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Personalised swing trade analysis powered by Gemini AI

Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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CORONA FAQ Common swing-trading questions

Frequently asked questions about CORONA

What are the screener observations for CORONA?

On Swing Edge's swing-setup framework, CORONA Remedies Ltd. (CORONA) currently grades A — high-quality setup. Price is near the pivot zone. Flagged 2 days ago. This is educational research, not investment advice.

What are CORONA's support and resistance levels?

For CORONA, near-term support sits around ₹1,998.8 (the base/stop zone); overhead resistance is around ₹2,118.9 (the breakout pivot); the next resistance above is ₹2,542.7. This is educational research, not investment advice.

What is the breakout / pivot level for CORONA?

The breakout pivot for CORONA is around ₹2,118.9. Price is about 2.7% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is CORONA above its 50-day and 200-day moving averages?

Yes — CORONA is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is CORONA versus the market (RS rank)?

CORONA has a relative strength (RS) rank of 98 out of 100 versus the NSE universe, making it a market leader — stronger than most NSE stocks. Trend strength (ADX) reads 49, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-07-17 — not live intraday NSE quotes.