Coforge, the stock that everyone's talking about! Today, it shattered its all-time high, painting the charts with a robust bullish candle and trading at 6584 rs. Let's dive into the details: Coforge Ltd., an Information Technology company in the IT - Software sector, demonstrates strong fundamentals. 📊 Key Observations: Coforge broke its all-time high...
I am expecting a small downfall in Coforge Ltd. There is a trend line break down in small time frame. Also there is a trend line below in bigger time frame. So I am expecting the market to fall till the big time frame trend line.
COFORGE W pattern is about to break can look for tp of 4691 with 1:1 risk reward ratio only for long term
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
Positional Buy Stock : Coforge Time frame : 1D Positional Buy its breaks a multiple rejection once close above resistance will expect good upmove
COFORGE Short Side Possibility expecting big move upcoming days Preferred for intraday
Coforge Ltd - 27.05.2022 The stock is trading @ 3671 levels There is a MACD Bullish Divergence in Weekly Chart There is a Stochastic Bullish Divergence in Weekly Chart Let the prices go above 3838 to initiate a buy position Watch out for the price action.
📈 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...