IT Sector has been outperforming for a while now and co-forge after being a laggard has caught up well. It it now breaking out from a flag pattern which is another bullish sign. There is a good chance that the stock starts another leg of up move from here.
Coforge Ltd made cup and handle pattern breakout happening in weekly timeframe. Trading in sharp upward channel Breakout will take stock to 10000+ in long term timeframe MACD is bullish. Disclaimer : I am not SEBI registered. Its my personal view and analysis.
COFORGE The stock displayed an Inverted Head & Shoulders pattern, and following the breakout, the price saw a substantial rise, subsequently created another bullish formation called Pole & Flag. Recently, the price has broken through and is expected to continue its upward trend. ECLERX This chart also reveals the presence of an Inverted Head &...
Weekly timeframe is bullish Daily timeframe is bullish and price has tapped into daily demand zone and reacted positively 4HR is also bullish Also, Nifty and CNX IT is also bullish Company is also 10% away from all time highs because of that the stock can rip high Note : this is not Financial advise
If price come around 5000-5100 then we can go long till Target 1 & 2 I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trade ideas I share on my profile are only my view point.
Coforge is one of the good IT stock is ready for break out. In past weeks we do see a sharp downside movement in IT stocks and now IT stocks ready for rally. Coforge CMP : 4724 SL : 4695 TARGET : 4900
NSE:COFORGE is now available at a major support. Signs of reversal should lead investment opportunities into this stock. Majorly owned by DIIs and a professionals led management makes it a good stock at PE of 34.
NSE:COFORGE Good to keep on the radar Always respect SL & position sizing ======================== Trade Secrets By Pratik ======================== Disclaimer SEBI UNREGISTERED This is our personal view and this analysis is only for educational purposes Please consult your advisor before investing or trading You are solely responsible for any decisions you...
- Coforge is currently looking bullish - Coforge can soon retrace back and take out some Buy side Liquidity - From a swing perspective try avoiding it and wait for a retracement - Do not enter longs here
Coforge, the stock that everyone's talking about! Today, it shattered its all-time high, painting the charts with a robust bullish candle and trading at 6584 rs. Let's dive into the details: Coforge Ltd., an Information Technology company in the IT - Software sector, demonstrates strong fundamentals. 📊 Key Observations: Coforge broke its all-time high...
I am expecting a small downfall in Coforge Ltd. There is a trend line break down in small time frame. Also there is a trend line below in bigger time frame. So I am expecting the market to fall till the big time frame trend line.
Coforge is Looking Good Here and it is ready To blast for Uncharted Area CMP is 6156 Looking good as IT sector will Lead Again this Time Target is 6500-7000 in Upcoming Few Month
COFORGE reached an ATH of 6135 in the month of Jan'22 and corrected by almost 52% to reach a low of 3210 in Sep'22. It has formed a triangle pattern on monthly chart and has been in an upward journey since Oct'22 generating almost 32% returns. Last month i.e. in May'23 it has broken out of the triangle. This indicates significant upside potential of minimum 24%....
NSE: COFORGE is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain...
cmp 5275 hoping for sideways on support for smaller timeframe levels shown in chart not a trading view/idea just educational view/idea.
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
COFORGE W pattern is about to break can look for tp of 4691 with 1:1 risk reward ratio only for long term
COFORGE:- Stock has given breakout almost after 1.5 years, if it sustains above breakout level then we can plan something. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my...