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Coforge is in sell on rise currently
In monthly chart
*** bearish candlestick
*** momentum downward
*** price is above all ma
*** since few months price rejected from 6600 level
*** and support between 6100 to 5860 zonezone
Weekly chart
*** bearish candlestick
*** bearish momentum
*** price closed below 13 ma & still holding 20 ma
*** 3 weeks consecutive selling
*** price currently on crucial support 6220 below this 6095 : 5950 : 5865
*** coming resistance 6390 : 6480 : 6982
Daily tf
*** same as weekly, but price closed below of all ma, momentum in bearish territory,
*** resistance 6325 & support 6200 (pivot)
In hourly, 30 mi tf
*** momentum down to flat, price sell on rise.. Closing candlestick small hammer (reversal) closed above 13 ma
**Levels**
Resistance - 6280 : 6300 : 6346 : 6385 : 6413
Support - 6230 : 6190 & 6116 if this broken then again downside levels open
All the information and levels are given for educational purposes only. No buy / sell recommendation. 🙏 DYOA
And consult with your financial advisor.
Thank you🙏
Hope my information & levels are useful to all of you☺
Hit 👊 like button & boost my post to spread the knowledge😉
Coforge is in sell on rise currently
In monthly chart
*** bearish candlestick
*** momentum downward
*** price is above all ma
*** since few months price rejected from 6600 level
*** and support between 6100 to 5860 zonezone
Weekly chart
*** bearish candlestick
*** bearish momentum
*** price closed below 13 ma & still holding 20 ma
*** 3 weeks consecutive selling
*** price currently on crucial support 6220 below this 6095 : 5950 : 5865
*** coming resistance 6390 : 6480 : 6982
Daily tf
*** same as weekly, but price closed below of all ma, momentum in bearish territory,
*** resistance 6325 & support 6200 (pivot)
In hourly, 30 mi tf
*** momentum down to flat, price sell on rise.. Closing candlestick small hammer (reversal) closed above 13 ma
**Levels**
Resistance - 6280 : 6300 : 6346 : 6385 : 6413
Support - 6230 : 6190 & 6116 if this broken then again downside levels open
All the information and levels are given for educational purposes only. No buy / sell recommendation. 🙏 DYOA
And consult with your financial advisor.
Thank you🙏