COFORGEComplex uptrend
Looks good for up to level 2 and 3.
play with better risk : reward
Only for educational purpose.
COFORGE trade ideas
Coforge 1HJust placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
coforgethere is a good breakout out of chanel and it will break double bottom also .4000 will be the first target stoploss should be according to risk reward ratio
Bullish flag pattern in COFORGE.Stock Name: COFORGE
Chart Pattern: Bullish flag pattern
Time Frame: 1D
Entry: @Above 3595+
Targets: Breakout Target 3925+
Coforge | Short Term Buy | Symmetrical triangle | IT StockCoforge has been consolidating in a range from 4800 to 5800 from sometime and it formed a symmetrical triangle.
1. Buy only above 5625
2. Stop loss - 4800
3. Target 1 - 6,400
4. Target 2 - 6,800
Disclaimer : I am not a SEBI registered and this is just my analysis and sharing for education only. Do trade or invest at your own risk. I am not responsible for any profits/losses. I would suggest do your own research/consider your financial advisor before any trade/investment decision.
LEARN PATTERN WITH LIVE EXAMPLEDiamond Shape Pattern and Falling Wedge
Let's learn two imp Bullish & Bearish Reversal Pattern and the impact of these pattern on the charts
Thanks
COFORGESwing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Coforge Ltd - 27.05.2022Coforge 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 Expected Bottom Out levelCoforge Expected Bottom out level between 3750 - 3350
concentrate in this level
CoForge Chart Analysis !!📈 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 Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
COFORGEShort COFORGE tomorrow morning. Analysis of daily candle. SL at the latest swing. 1.2 profit margin. Buy put for good profit.
Falling wedge pattern breakoutThe stock is trying to breakout of the falling wedge pattern and can be a good positional pick above 4250 level (closing basis) for short term targets of 4350 and 4500.
Learn & Earn,
Dr. Tanya Kumar
coforge : A Breakdown may be Started Below 5000Third attempt to close above 6000 is failed n felt resistance and going to it's support 5000. But this time it may not hold it and give breakdown. below 5000 it may go to 4000-3900.
Coforge - buyBuy at cmp
easy tg 4150
tg2 - 4220
tg3 - 4370
Disclaimer : This is my personal analysis for study purpose not intended for trading
long values are in chartgo long from here
Reversal breakout from the level posted and red line close below will be your Stoploss
above green line will be the target
COFORGE in consolidationCOFORGE in consolidation zone... might give large move after breakout or breakdown...
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalStock Recently corrected very much and holding 4200 levels, which looks good support
Company is expected to give good quarter
Positional Bet to enter above 4400 levels with SL of 4200 for 10-20% upside move.
For targets of 4550-4750 to upto 5000 levels
Can be hold positionally for ATH levels in nxt 6-8months
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
COFORGE LTD IT Strong CountreThe Coforge is the Mid it share, the share in the correction, after the 38% Correction the share is the good level to buy 4080 is the Stop Loss and Target is Blue Sky.
#investingclubs
