BUY - COFORGE CMP - Rs. 3901 Target - 1: Rs. 4219 Target - 2: Rs. 4781 . . Technicals - 1) Harmonic Pattern - Navarro 200 2) Formation of Morning Doji Star Candlestick pattern indicating bullish reversal. . . Follow me for more!
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.
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...
#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 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
COFORGE:- 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....
Coforge is a long opportunity trade TWT_SUPER_POINT has been able to capture the reversal move
Chart -> 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...
Key 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...
Stock - Coforge Time frame - Daily Breakout above 4080 Potential target - 4670 Positional trade.
As 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.
Double Bottom 1st Target - 1:2 Risk Reward Ratio SL - Closing Below 3900 SL to keep in order book - 3840
COFORGE:- 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...
Coforge LTTS HCL Technologies Mindtree Infosys Mphasis Larsen&toubro infotech LTI Tata Consultancy Services Tech Mahindra Wipro NSE:CNXIT
Positional Buy Stock : Coforge Time frame : 1D Positional Buy its breaks a multiple rejection once close above resistance will expect good upmove
Gapup + Descending and now a fresh Impulse Upside intact and shall swiftly move as NIFTY IT reached Q1 RRG SL 3874
NSE:COFORGE #NSE:COFORGE formed beautiful rounding bottom and trading @ key resistance zone, BO sustainability may show good momentum. Levels marked on chart.