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varadtambolkar

Coforge Rising Wedge breakout & Retest.

Long
COFORGE LTD (NSE:COFORGE)  
varadtambolkar  
NSE:COFORGE   COFORGE LTD
Trend Analysis Chart Patterns priceaction
4
0
trendanalysis chartpattern priceaction
Rising wedge gives good shorting trade.

But here in this case the wedge has broken on upside. This occurs rarely, but when breaks out on upside, gives highly bullish move.

Current trend is up. hence expecting to continue the momentum.
Higher high higher low structure.

SL at 5100.
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