Coforge looks good at cmp for swing tradeer.. SL below the lower TL of the Triangle pattern.
coforge is facing price rejection around this levels new comers might consider this as fresh breakout but probably looks like will be fake breakout and will reverse sharply waiting for reversal confirmation this can be probable short candidate....
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Sharing only for the purpose of learning. IT sector may lose some steams after this wonderful rally. Fibonacci Projection as shown reached the 1.414 levels in a single rally. Few stocks showing some retracement signs on charts. It can retrace or again start his journey again as few stocks still seem very strong on charts as below. - TCS - Mindtree ...
Today expiry we are checking our call performance. Hit like if traded.... Follow for more hits.
Trade based on your own analysis. Can be in the watchlist for breakout/breakdowns
Currently RSI <70 IT stocks outperforming market MACD signal line crossing MACD from below. Hinting that still strength is left in IT stocks. Stocks to look out for : Mindtree MPHASIS COFORGE TATELXIS HAPPISTMINDS
Coforge Weekly Breakout Retest and continuation.
Buy only above 3375 Small Res at 3450 Sl below 3270 Tgts 3500/3700
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for...
COFORGE (NSE CASH) LTP:3380.75 SUPPORT: 3318.30 RESISTANCE: 3544.80 MARKET CAP: 205.857B (VERY GOOD) VOL: 3.383M (VERY GOOD) REL VOL: 3.43 (VERY GOOD) AVG VOL: 540.028K (VERY GOOD) FLOAT: 21.084M (VERY GOOD) ***DATA IS BULLISH CAN BUY FOR MEDIUM TERM TARGETS OF 3500+
Coforge daily chart breakout. Looks good for entry on retest as the risk is high now. Channel Breakout.
NSE:COFORGE if you know reversal trading then only trade on this chart , as one can see there is mentioned reversal zone and stop loss. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them....
coforge Daily chart reversal zone 3150-60 ......one can look for call writing once it test said levels Thanks Jigar PAteel 8898030401
#COFORGE BO to new ATH Closing. Yesterday closed above channel top line. 1. BO to New ATH closing 2. Accumulate between 2910-2850 3. CBSL 2810 4. TARGETs 2954, 3116-3132, 3358, 3476, 3646, 3711-3725
This stock have shown good strength and has closed high. It still has bullish Momentum and can go further up. You can trade this for intraday and also for few days in the coming week. Look for Buying at the levels marked in green and whenever you see a Bullish candle pattern forming. The targets and stop loss are subsequent levels up and down. Other important...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...