Coforge is making cup and handle pattern on DTF..We can expect the price to move towards 6600-7000. Other parameters:
1. Buying volumes are higher than selling 2. RSI is above 60 3. MACD will improve
On a confirmation (please see my earlier charts on what confirmation means in this pattern), we can expect the price to move up.
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
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Coforge 6% up today, reached 6200..Cheers!!!
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Coforge hit 6500 and after retracement is again moving up. Expect the price to move towards target
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Our Target achieved, reached 6600 and beyond. In less than 2 months, we have got 1000 points. Will update chart as we may see tech stocks getting in momentum. Cheers!!!.