COFORGE 🔹 Trendline + 50 EMA Support:
Price has pulled back into a rising weekly trendline, and the 50 EMA is sitting right there. This confluence is the key zone.
🔹 Price Action:
Rejection from 1950–2000 came with a controlled pullback, not panic selling. That tells me distribution isn’t aggressive yet.
🟢 Buy Zone (Support-based): 1680 – 1700
NIFTYIT Sector About to go for a Breakout attempt
🔹 Bias:
Above trendline + 50 EMA → bullish bias intact
Weekly close above 1750–1780 → scope to retest 1900–2000
Weekly close below demand → bullish view invalid
Keep Learning,
Happy Trading.
Trade active
Good Start For this Weekly candle 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.