P_hetalben

COFORGE forming rounding bottom.

Long
P_hetalben Updated   
NSE:COFORGE   COFORGE LTD
COFORGE forming rounding bottom at lower end of IT sector and stock about to reverse from 0.5 to 0.68 FIB retracement, This can touch more than 4280 when break neck line of rounding bottom pattern. This also form double bottom at lower end which confirm uptrend.
Comment:
COFORGE moved as suggested and still IT are in BOOM....COFORGE can hit 4900-5200 as per my personal view. No position for self in this stock.
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