Coforge - Long 5000 on cards?Coforge looking like reversal from current lvels can not break down. It is set to croos 4900-5000 levels. Above 4660 it can go 4800,4900,5000Longby rohanssalunkhe3602Updated 3
Coforge ready for big breakoutCoforge here sitting on big breakout ahead of results. Coforge can touch 4000, 4100 and 4200 respectively in coming days.Longby rohanssalunkhe3602Updated 1
COFORGECOFORGE:- Stock has given breakout almost after 1.5 years, if it sustains above breakout level then we can plan something. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning. Longby AjayDhakad_Keep_it_simple1
My view on coforgeCoforge may give trendline breakout If sustain above 4510 Tgt 4540-4560-4600++ in very short term Keeping on radar coforge 4500 CELongby M_K_PUSHKAR0
COFORGE - Intraday Trade || 29th May, 2023 #stocks Analysis Criteria Used: 1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 29th May, 2023 2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it #sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange DISCLAIMER: . * Please do your own research and/or contact your financial advisor before taking any trading opportunities ** We will not be responsible for your profit or loss *** We are NOT SEBI REGISTERED ______________________ best stocks to buy today best stocks to buy now best stocks to buy best stocks for Intraday tomorrow best stocks for long term investment best stocks to buy today india best stocks for swing trading swing trading strategies swing trading beginners what is swing trading swing trading stocks swing trading stock selection swing trading kya hai nifty analysis nifty view bank nifty analysis top stocks to buy now strong stocks nifty view nifty prediction stock market view tomorrow bank nifty Levels bank nifty prediction share news stock market news best stocks to buy now profit booking stocks multibagger stocks in discount breakout stocks best short term stocks best short term shares next multibagger stocksby TradeRyteStockzUpdated 1
COFORGE LOOKS GOODCoforge Limited looks good after breaking a falling resistance trendline on weekly chart and gives a close above so we can consider it is breakout of triangle resistance trendline and after a breakout of falling resistance trendline we can go long in it for the target of 4379 and 4467 taking stop loss of 4200 below a weekly candle close. TARGET NOTE- Only for Education Purpose. Please Give A Like If You LikeLongby Sonia-SinghUpdated 3339
COFORGE analysisThe stock COFORGE is buy on every dips as long as its above 4100 levels , keep sL at 4000 levels and buy gthe dips , risk reward is highly favourable and can give good targets of 4900/5100/5500 in coming days if view goes rightLongby sniper12901
#COFORGECOFORGE Continues the rise Already in Q1 RRG Took support on previous Highand then swiftly movedby krishnakhanna0
Rising Wedge pattern reversal in COFORGE.COFORGE LTD Key highlights: 💡 ✅On 1Day Time Frame Stock Showing Reversal of Rising Wedge Pattern. ✅ It can give movement upto the Reversal final target of below 4100-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 3505-. by TradZoo3
Coforge - Beautiful chart Only for Learning purpose. Please consult your advisor before investing. Longby KrishadInv0
COFORGE ready for bull run till 4400+COFORGE having a breakout and consolidation above the breakout levels Coming days would expect to see 4400 Longby KishanDhongadi0
CoforgeCoforge Retesting breakout levels Keep an eye Till holds above 4050 may test 4430Longby Singh_Siddz1
Coforge a sell or what1. Double Top 2. Very Bearish Candle 3. Can be bearish as the 200 ma as it had broke the 200 ma 4. Target till 3531 after it 3212 5. But you should be cautious of retest because whenever a stock crashes too much it shows a retest at the next day or after some days 6. Thank you so much 🫶 pls do like and follow us Shortby MAYANKTECHRESEARCHINGUpdated 4410
Let's Know Top 10 Chart Patterns With Most Success RatesBefore it, let's learn about types of chart patterns because it's important to know that the pattern is a reversal or continuation because it will help us decide whether the market is making a reversal or a continuation pattern. 1. Continuation patterns : A Pattern which gives you an indication of continuation meaning continuing the trend. For example :- flag patterns, wedges patterns or a pennant pattern can be classified into this. 2. Reversal Patterns : Patterns which give you an indication of reversal meaning if the market is going up and then a reversal pattern forms then it should go down. For Example : Head and Shoulders Pattern, Double Top and Bottom Pattern can be classified into this. Now Let's Learn about the Top 10 Chart Patterns With the most Success rates 1. Head and shoulders 2. Double top or bottom 3. J Pattern 4. Rounding bottom or Top 5. Cup and handle 6. Wedges 7. Pennant 8. Descending Triangle or Ascending Triangle 9. Bullish Flags or Bearish Flags 10. Symmetrical triangle or A Symmetrical Triangle -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1. Head and Shoulders :- Traders use the head and shoulders pattern in technical analysis chart to anticipate likely changes in a price trend. After a bullish trend, it is common to see a bearish pattern emerge that is renowned for its accuracy in predicting a trend reversal. There are three peaks in the pattern where the middle one is the highest and the remaining two are known as "shoulders" with similar and lower heights. Once the price passes over the "neckline," which is a trendline tying the lowest points between the peaks of the two troughs, the design is finished. The head and shoulders pattern indicates the end of an uptrend, causing traders to use it as a sell signal. There is a possibility that a decline will occur afterwards. The pattern is utilized by certain traders as an indication to engage in short positions, while keeping a stop loss above the neckline. It should be kept in mind that the occurrence of a head and shoulders pattern does not necessarily guarantee a reversal, therefore traders should rely on supplementary technical analysis and implement risk management strategies before trading. 2. Double top or bottom :- A double top pattern occurs when the price of a stock reaches its peak, declines, then surges back up to the peak level but is unable to surpass it before falling once more. A resistance level formed by two peaks is encountered by the price, which is unable to break through it. When the price drops below the valley level that existed in between the two peaks, the pattern is over. The double top pattern is thought to be a bearish sign, indicating a possible price decline. A double bottom pattern, on the other hand, is the polar opposite of a double top pattern and resembles a mirror image. The price decreases to a certain level, rebounds, drops back down to the same level, but does not surpass it, and subsequently recovers again. The support level created by the two valleys is a point that cannot be breached by the price. The pattern is only finished when the price surpasses the peak level that was established between the two valleys. It is crucial to remember that depending solely on these patterns for trading decisions is not recommended, as they are only among several instruments applied in technical analysis. It is advisable for traders to take into account additional elements aside from technical analysis, such as fundamental analysis. When making investment decisions, take into consideration both market trends and the management of risk. 3. J Pattern :- The term "J pattern" denotes a distinct chart pattern that may manifest over a duration of time in the movement of a particular stock's price. The J-shaped trend seen in a company's stocks entails an abrupt decline in value that is succeeded by a more protracted rehabilitation. The name of the pattern originates from its formation on a price chart, which bears a similarity to the letter "J". Frequently, this trend can be observed in shares that encounter adverse circumstances or updates leading to the first decline in value, and later, garner support as investors regain trust in the potential profitability of the stocks. 4. Rounding bottom or Top :- In technical analysis of financial markets, there are two patterns referred to as rounding top and bottom. The pattern on a chart known as a rounding top signifies a gradual transition in the market from an upward pattern to a downward one. A gentle decrease in pricing is followed by a gentle increase, resulting in a curved contour. The pattern reveals that the market seems to be losing its force, implying that there could be a potential drop in prices. Conversely, a chart pattern known as a rounding bottom indicates a change in the market direction, from a downtrend to an uptrend. The observed trend exhibits a gentle decrease in values accompanied by a gentle growth, creating a curvilinear appearance. The indication is that the market is growing based on this trend. 5. Cup and Handle The cup and handle pattern serves as a tool in technical analysis utilized in the stock market for detecting potential chances to purchase. This formation signifies the continuation of a bull market; it is observed after a stock has undergone a notable increase and then encountered a phase of stabilization. The shape of the design, which resembles a container with a grip, is what the pattern is named for. A cup-shaped pattern forms when, following a strong upward trend in stock prices, there is a significant decrease that creates a rounded bottom resembling a U. The handle section on the chart emerges once the stock price remains within a tight range for several weeks or months without any significant rise, before finally breaking out and reaching new highs. I Think That's too much we will continue the remaining 5 in the next one I hope you learned something new if then pls do like and follow us Thank you ♥ Educationby MAYANKTECHRESEARCHING4428
My view on coforgeCoforge looking weak on weekly chart Forming head & shoulder Keeping on radar Coforge 3600 PE april cmp 110Shortby M_K_PUSHKAR0
Coforge may touch 3772 in intradayCoforge may touch 3772 in intraday As break out of h&s patter happendLongby balaram15221
COFORGE - 22% RETURNS???BUY - COFORGE CMP - Rs. 3901 Target - 1: Rs. 4219 Target - 2: Rs. 4781 . . Technicals - 1) Harmonic Pattern - Navarro 200 2) Formation of Morning Doji Star Candlestick pattern indicating bullish reversal. . . Follow me for more!Longby nilakshgupta3
COFORGE BEARISHSell COFORGE closing 3901 with stop loss 4016 then targets are 3422. Selling Reason. 1 --> Price breaks the range and wedge pattern. 2 --> RSI is also below 40. 3 --> ADX is showing a Bearish move ahead. 4 --> Volume is showing that more sellers are active and not more buyers come. 5 --> Bollinger Bands are also open on the downside.Shortby h24r240
How to trade the Diamond PatternHey Everyone, as we all have at least traded a Diamond pattern and if not at least we have heard a lot about it but what does this pattern refers to bullish or bearish and in this post we will also learn how to trade it, where to take stoploss, where to take position in it and where and how to identify the target so pls do like and follow. Some common questions that arise in everyone's mind :- What is a Diamond Pattern ? Technical chart patterns such as diamond patterns indicate a possible trend reversal or continuation. Diamond-like patterns are formed by two converging trend lines between which prices oscillate. Below is a trading strategy for trading diamond patterns: Identify the pattern: the first step in diamond pattern trading is to identify the pattern on the price chart. Look for a pattern that has two converging trend lines between which prices oscillate. Determine the direction of the trend: once you have identified the pattern, you need to determine the direction of the trend. If the diamond pattern forms during an uptrend, it is considered a bearish pattern. If it forms during a downtrend, it is a bullish reversal pattern. Open the trade: Once you have determined the direction of the trend, wait for a breakout from the diamond pattern to confirm the direction of the trade. If the pattern is a bearish reversal pattern, open a short trade as soon as the price breaks below the lower trend line. If the pattern is a bullish reversal pattern, open a long trade when the price breaks above the upper trend line. Set a stop loss: To limit possible losses, place a stop loss order just below the low of the breakout candle for a long trade and just above the high of the breakout candle for a short trade. Set the target: The target for the diamond pattern trade should be the height of the diamond pattern, measured from the highest point to the lowest point added to the breakout point. This target can be adjusted according to the trader's risk tolerance and trading style. Manage the trade: As the trade progresses, monitor the price action and adjust the stop loss and take profit orders accordingly. If the trade moves in your favor, you can take partial profits or tighten your stop loss to lock in profits. Avoid false breakouts: diamond patterns are prone to false breakouts, where the price breaks out of the pattern but then quickly retraces. To avoid false breakouts, wait until price closes outside the pattern before entering the trade. Trade with proper risk management: As with any trading strategy, it is important to trade with proper risk management. Risk only a small percentage of your trading account on each individual trade, and do not risk more than you can afford to lose. Always use stop loss orders to limit possible losses. Here are some additional tips for trading the diamond pattern: Confirm it with other indicators: although the diamond pattern can be a reliable trading signal, it is always advisable to confirm the signal with other technical indicators such as moving averages, momentum indicators or volume indicators. Look for additional signals that support the direction of the breakout. Pay attention to multiple time frames: To increase the probability of a successful trade, it is helpful to look for the diamond pattern in multiple time frames. Look for the pattern on daily, weekly and monthly charts and trade only if it is consistent with the larger trend. Be patient: it may take some time for a diamond pattern to form. So be patient and wait for the pattern to fully develop before entering the trade. Rushing to enter a trade before the pattern has fully formed can lead to false breakouts and unnecessary losses. Practice with a demo account: Before risking real money, it is always a good idea to practice trading the diamond pattern with a demo account. This way you can test your strategy, refine your entry and exit points and gain confidence in your trading plan before risking real money. Trading the diamond pattern requires a combination of technical analysis skills and patience. The diamond pattern is a reversal pattern that forms after a long uptrend or downtrend. The pattern looks like a diamond or a kite and indicates a consolidation phase before a possible trend reversal. Traders can use the diamond pattern to identify potential entry and exit points for trading. In order to trade the diamond pattern, you must first correctly identify the pattern. Once you have identified the pattern, you should look for confirmation of the pattern. This can be done by waiting for a breakout above or below the support or resistance levels of the pattern. Traders can take long positions if the breakout is above the resistance level, or they can take short positions if the breakout is below the support level. The stop loss should be placed just below the support level of the pattern for long positions and just above the resistance level for short positions. The stop loss should be placed at a level where the trade will be invalidated if the price moves against the expected direction. The target for the trade can be calculated by measuring the distance between the highest and the lowest point of the pattern and projecting this distance from the breakout point. Traders can also use other technical indicators to determine potential price targets. It is important to note that trading the diamond pattern can be risky, and traders should manage their risks effectively. One way to do this is to use proper risk management techniques, such as position sizing and limiting risk capital. In addition, traders should be patient and wait for confirmation of the pattern before entering a trade. Rushing into a trade without proper analysis and confirmation can result in losses.Editors' picksEducationby MAYANKTECHRESEARCHING2248
Good For IntradayGlobal Green Nasdaq Green Good Spport Level Conditions Gap Up: Wait and buy Gap Down: buy Neutral: wait for channel breakdown Longby praveensir03Updated 1
Coforge - Bullish Coforge is showing higher highs and higher lows pattern which is bullish pattern. The stock recently broke out of a consolidation pattern and has continued to trend higher, which is a potential bullish signal. My targets are 4450,4500, 4600 respectively. This is not a advise to buy , please do your own analysis before buying. Longby rohanssalunkhe36020
COFORGE forming rounding bottom.COFORGE forming rounding bottom at lower end of IT sector and stock about to reverse from 0.5 to 0.68 FIB retracement, This can touch more than 4280 when break neck line of rounding bottom pattern. This also form double bottom at lower end which confirm uptrend.Longby P_hetalbenUpdated 111
Bullish coforgeStrong stock:- . Strong on 1 week And 3 months. . High volume than 21 days average. . Above 200 moving days EMD. . Near 20% to 52 week high or all time high. . Outperform nifty. . Open interest needs to buildup in last 3 months data. . Breakout with volume.Longby mbthapa_111