COFORGE analysisThe stock COFORGE is buy on every dips as long as its above 4100 levels , keep sL at 4000 levels and buy gthe dips , risk reward is highly favourable and can give good targets of 4900/5100/5500 in coming days if view goes right
COFORGE
#COFORGECOFORGE Continues the rise
Already in Q1 RRG
Took support on previous Highand then swiftly moved
Coforge a sell or what1. Double Top
2. Very Bearish Candle
3. Can be bearish as the 200 ma as it had broke the 200 ma
4. Target till 3531 after it 3212
5. But you should be cautious of retest because whenever a stock crashes too much it shows a retest at the next day or after some days
6. Thank you so much 🫶 pls do like and follow us
My view on coforgeCoforge looking weak on weekly chart
Forming head & shoulder
Keeping on radar Coforge 3600 PE april cmp 110
COFORGE - 22% RETURNS???BUY - COFORGE
CMP - Rs. 3901
Target - 1: Rs. 4219
Target - 2: Rs. 4781
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Technicals - 1) Harmonic Pattern - Navarro 200
2) Formation of Morning Doji Star Candlestick pattern indicating bullish reversal.
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COFORGE forming rounding bottom.COFORGE forming rounding bottom at lower end of IT sector and stock about to reverse from 0.5 to 0.68 FIB retracement, This can touch more than 4280 when break neck line of rounding bottom pattern. This also form double bottom at lower end which confirm uptrend.
Breakout in Coforge Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Coforge very good looking for bottoming out#Coforge CMP 4016 if closes abv 4055 then we can expect a very good upside in Coforge
IT Stocks are going very cheap after recent correction.
Coforge can see 4260/4500 in coming days. If momentum continues we can see much more.
COFORGE CHART ANALYSISCOFORGE is stuck in Arc Chart Pattern at 1Hour Time Frame and Where it started a Arc resitance now end of the Arc again facing hurdle point or Resistance Point
Watching Volume Levels Big Players are Created there Position We Can See Such Big Move in Upcoming Session
COFORGECOFORGE:- Head and shoulder pattern is formed wait for breakout
"Also take trade with strict stop loss as all companies results are coming now volatility is very high"
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 other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Long COFORGECoforge is a long opportunity trade
TWT_SUPER_POINT has been able to capture the reversal move
Double bottom in CoforgeChart -> Coforge Weekly
After an uptrend, a double-top breakdown led to a downtrend. Now after a downtrend, a double-bottom breakout can lead to an uptrend.
CMP: 4222
Targets: 4870
Good range: Around 4000
SL: 3737 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
COFORGEIt has formed a strong base and ii now trading above 0.236 fib retracement. Good to add in between 4100-4150, but will be weak below 3940 daily closing basis
NIFTY IT - Recovery started with Double Bottom Breakout ConfirmKey highlights: 💡⚡
On basis of Weekly Time Frame
📊 Currently NIFTYIT has given Double Bottom Breakout with confirmation.
📊 Keep an eye on IT sector's scripts.
📊 Example : LTTS , COFORGE , TECHM
1st Target - 32816
2nd Target - 34381
Support - 30559
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Stock that will make money near futureStock - Coforge
Time frame - Daily
Breakout above 4080
Potential target - 4670
Positional trade.
COFORGE looks in correctionAs seen in above chart NSE:COFORGE Looks in Bearish movement if continued the same move then in Wave5 can go till 2931 fibo ratio 0.5 and next till 0.618. & If it breaks the above invalid level (4036). then it can go up till 4632 in ABC Correction wave.
COFORGE, LOW RISK SETUP, POSITIONAL!!!Double Bottom
1st Target - 1:2 Risk Reward Ratio
SL - Closing Below 3900
SL to keep in order book - 3840
COFORGECOFORGE:- formed double bottom pattern..... currently at very crucial level. stock expect good up side move.
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 other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
IT Sector CNX ITCoforge
LTTS
HCL Technologies
Mindtree
Infosys
Mphasis
Larsen&toubro infotech LTI
Tata Consultancy Services
Tech Mahindra
Wipro
NSE:CNXIT
Coforge -1DPositional Buy
Stock : Coforge
Time frame : 1D
Positional Buy
its breaks a multiple rejection once close above resistance will expect good upmove
#COFORGEGapup + Descending and now a fresh Impulse
Upside intact and shall swiftly move as NIFTY IT reached Q1 RRG
SL 3874
COFORGE Rounding bottom, @ Resistance !!NSE:COFORGE
#NSE:COFORGE formed beautiful rounding bottom and trading @ key resistance zone, BO sustainability may show good momentum.
Levels marked on chart.
