Classical head & shoulders pattern formation in coforge. Above 6000 it may rally as per the charts analysis. It may consolidate around 6000-6100 mark ones its taken out there will be good levels. 6000 7000 8000 9000.
Trade active:
Target1 2 achieved. Now it should sustain above 6550
Comment:
Sustaining above 6200. May consolidate here between target1 & target2 then it will be ready for next move.
Comment:
Target2 also crossed. waiting for the next move.
Comment:
Looking weak now. looks like it can retest the 6000 levels.
Comment:
Cup & handle patten failed.
Comment:
again above 6020 it will become bullish.