COFORGE trade ideas
Coforge : Bullish breakout on daily and weekly chart with volumeNSE:COFORGE
Hi Traders,
COFORGE remained range-bound throughout month. It made new high with bullish breakout and volume on September 11. Now momentum will be continue and try to hit our target.
Entry and target level on chart.
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* This analysis is educational/learning purpose only.
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Rounding top upside BreakoutNIITTECH( Now COFORGE) unable to break the 2025 zone repeatedly and in proces had made a rounding top like formation,
Yesterday fall was exactly on the support line of 1882.
Today it took the same support and rose significantly.
Its pushing upwards and will be able to break the resistane line of rounding top.
T1: 2025
T2: 2063
T3: 2115
COFORGE - Ascending Triangle bullish breakoutNote: This is for educational purpose only
There is an ascending triangle bullish breakout with high volume. RSI above 65 indicates bullish momentum as well. There is a supporting a trend line breakout in RSI as well.
Short Coforge around 1890 - 1940 - SL 1970 - Target 1830 -1800Short Coforge around 1890 - 1940 - SL 1970 - Target 1830 -1800
