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COFORGE

Coforge | Short Term Buy | Symmetrical triangle | IT StockCoforge has been consolidating in a range from 4800 to 5800 from sometime and it formed a symmetrical triangle. 1. Buy only above 5625 2. Stop loss - 4800 3. Target 1 - 6,400 4. Target 2 - 6,800 Disclaimer : I am not a SEBI registered and this is just my analysis and sharing for education only. Do trade or invest at your own risk. I am not responsible for any profits/losses. I would suggest do your own research/consider your financial advisor before any trade/investment decision.
NSE:COFORGELong
by jyosas
CoForge Chart Analysis !!📈 CoForge 📉 My Findings :- 1. Breakdown of UpTrending Trendline Zone. See Below Chart.
 2. Lower High and Lower Low Formation. 3. But IT Index at Support. To get more confirmation can be waited till IT Index Breaks down. Check IT Index Chart below for reference. Bias- Short Target- 3439, 2751 and 2390 SL- 4565 RR- 1: 3 IT Index Chart :- All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:COFORGEShort
by ShelendrAgrawal
📊 Coforge Swing trade Opportunity 🎯NSE:COFORGE 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:COFORGELong
by linesandlevels
COFORGE: Bullish Triangle BreakoutUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern. Trading Strategy: Buy Coforge : 5990. SL: 5550 tgt: 6400/6900
NSE:COFORGELong
by TradingSutra
6
[Short Term]Diamond Top Pattern in COFORGEOn Daily Time Frame, COFORGE consolidated and formed the diamond pattern after the uptrend. In the upcoming few sessions expected breakout/breakdown of this pattern. According to the pattern higher probability, this trade gives breakdown and indicates trend reversal up to 4000 downside target. In case it gives breakout of resistance line then it is possible it will continue its bullish rally towards the further higher targets. So keep watching this stock for perfect short term entry for long/short position.
NSE:COFORGE
by TradZoo
Simple Trade Setup | COFORGE | 09-12-2021 [ INTRADAY] NSE:COFORGE I am posting this as one of the follower on Twitter requested for it. Observations: 1) On 1day time frame,Today, Today it traded between 100DMA and 50DMA. Breakout on either side will give a good move on that side. 100DMA is placed at 5180.30 level. So level range of 5180-5200 will work as support. 50DMA is placed at 5350.25 level. Which will work as immediate resistance. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame, we can see below levels as support and resistance. Please refer below chart : 1 day Time Frame. 3) On 15min time frame, we can see that it has been trading in the resistance channel range now. If it gives sustainable breakout of this channel then it will be bullish. Please refer below chart : 15min Time Frame. 4) Also on 15min time frame, we can see that it has formed the bullish flag and pole pattern since last 3 trading session. If this pattern gets activated and gives flag breakout then we can see good bullish move. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 09-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:COFORGE
by Trading_hawk