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...
Corforge has broken the triangle pattern with a huge volume, making it bullish #positional Buy coforge at 2735 Tgt: 2881, 3100 Sl: 2500 Timeframe: 1-2 months
Coforge after giving trendline breakout yesterday, today retraced to it and bounced and has formed cup and handle formation. Although it tried to give a breakout of it too, but didnt sustain. Volumes are good and also there is 9/21 ema and macd crossover confirming our entry in the stock. Now, we can enter in it above 2700, coz it being a psychological round...
Stock is forming a Descending Triangle. Levels of 2640-2650 possible if sustains above Trendline tomorrow
Price is trading near 100 Ema in 2 hours Tf, Also in a parallel channel in 30 mins. 20 Daily Time Frame can also act as a support. BUY NEAR 2560 Only on proper reversal; The Indicator Used: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle:...
COFORGE AT IMPORTANT SUPPORT, CMP 2450. NEXT TARGET 2485, IF BREAKS WITH VOLUME THEN 2540 SURELY WILL TOUCH IN INTRADAY
Coforge is taking support on a trendline on 4 Hour timeframe. And taking a horizontal support too at around 2420. And according to the short term fibonacci it is exact at 0.236 and according to medium term like from 21 Dec it's at 0.786. If it takes support at 2420 and Nifty is also bullish then wait for an 1 Hour candle to close above 2450. Summary For Swing...
A midcap IT company with decent valuations have given the breakout. Remember we are already holding from 2570 which was our first buy given in our stockarrows group. Now is the second buy.
Price taking support at trendline. Price sustaining above 2275 can see 2580 & 2775 SL 2080 On bearish side: Closing below 2080 completes HNS pattern. Can see 1400 in the downside.
After giving a five waves down , the stock has made a 3 wave upmove in a parallel channel whose breakout was seen in the friday's session. One should make a short position keeping a stop loss a bit higher of just recent high that is 2500 level and wait for the target below the recent low which is 2077.
once gains coforge, previously failed and again a nice breakout and holding up.
Long above 2474 for the target price of 2750 & 2805 with SL of 2335. Stock in uptrend & trading above 20 EMA. Entry will be taken after the BO of TL. Once price move above the 2550 will follow the trailing SL.
Education Only. No Buy / Sell Suggested. Possible to Reverse from 2390, if break 2356 and 2346. Buy while crossing green and red. Trend Line Break. Low side are support. Up side for Buy.
COFORGE shown breakout of the parallel channel in the last trading session. Also, its indicating breakdown of the lower band of Bollinger bands. Overall strong downside possible after this pattern. Possible Trade: Sell COFORGE Below 2399 Stop-loss 2445 Target 2334 2287 2210-
The stock has given breakout with good volume in sept and tested the breakout zone twice (2060-2080). After 2nd retest that happened earlier this month, the stock has been consolidating above 50ema. CMP: 2355 Target: 2420, 2480, 2550