rsptraders2017

rsptraders2017

coforge is in critical zone near previous 52 week high make or break it can retest the previous low or give a breakout. get ready for some action delivery volumes tell a different story

rsptraders2017

ROUND 2 * Winter sales are coming soon expecting good numbers next quarter. * will accumulate more near 52 week low of 720 zone * revenue increasing at a consistent rate *

rsptraders2017

* Near 52 week low * 2nd Largest company in Industrial Gases & Fuels Sector * Although quarterly sales has fallen by 12% * fundamentals are decent not so bad * accumulation range is (180-200) * might take 2-3 months to consolidate in this range and then recover. * pure technical entry at this range

rsptraders2017

Accumulation range (480-510) claim settlements has been a big issue for the company .