TradingView
TradZoo
Nov 30, 2020 5:52 PM

Breakdown of Parallel channel in COFORGE Short

NSE:COFORGE60
COFORGE LTDNSE

Description

⋅
COFORGE shown breakout of the parallel channel in the last trading session. Also, its indicating breakdown of the lower band of Bollinger bands. Overall strong downside possible after this pattern.

Possible Trade:
Sell COFORGE Below 2399
Stop-loss 2445
Target 2334 2287 2210-

Parallel ChannelTrend AnalysisTechnical IndicatorsswingtradingpriceactionanalysisshortCOFORGE
More