SHORT TERM POSITIONAL TRADE Own analysis with low risk and 1:2 target 1 and 1:4 target 2. Interested one can go accordingly as per your own risk. with strict stop loss .
COFORGE trade ideas
Proper retest after breakoutAs seen clearly, previous resistance has acted as support for this stock. A proper restest. Can be bought for a target of 3500.
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Happy Trading :)
COFORGE - SYMMETRICAL TRIANGLE (FLAG & POLE)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 educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
COFORGE For Educational purpose Not for trade Details On Chart
Weekly Break Out and retest stop loss jst below last candle low
Trend still in upsideIf the price break the previous high then its a great opportunity for buying. Clear uptrend price doesn't broke LL for the past 6 months.
COFORGE ViewCOFORGE is taking support around 3150 to 3220 area which was previously a supply zone. If it is held then Coforge can resume its Uptrend.
COFORGE expanding channel We can expect a pullback and the demand zone can become a supply zone and stock can move upwards or else we can expect the range of 2800-2900
COFORGE 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+
CO FORGE LOOKING VERY BULLISHTHE FORMATION OF HAMMER AT SUPPORT IS ONE OF THE TREND REVERSAL, WE CAN EXPECT A BUYERS PUSH THE PRICE AND THE TGT LVL ARE 3075, 3400
COFORGE DAILYCoforge daily chart breakout. Looks good for entry on retest as the risk is high now. Channel Breakout.
#coforge #niftyit #nifty #bankniftyNSE: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. we are not SEBI registered.
[3BB] Co Forge Sell IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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IMMINENT bullish consolidation BREAK OUT The scrip is in beautiful uptrend. Taking rest for next journey to higher high.One should take the journey with the scrip.Likely to give lot of JOY.
Long On COFORGECOFORGE has broken the triangular pattern and retracement completed. After forming a bullish confirmation candle, it considered for LONG
Note: This is only for educational purpose and do your analysis before investing
COFORGE Positional View !!!COFORGE : cmp; 3036.6
A cup & handle kind of pattern has been formed in daily chart.BO done .
So keep on radar. good to grab on dips .
Positional TGT 3400.
Sl 2755 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
COFORGE Continuation !!!COFORGE : cmp : 3171.95
Previously 50% TGT achieved. stock moved frm 3036 to 3221.
Again trading the ATH resistance zone of 3221.
Above that stock can go upto 3400 which was my previous TGT .
So keep on radar !!!
TGT 3221/3278/3318
Sl 3078 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
