COFORGE trade ideas
Educational Price Action AnalysisStock is attempting 3rd time it ATH.. and if it breaks that then sudden shoot up can be visible. Wait for the close of candle on daily chart above the ATH level...
[HP] CoForge Short 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.
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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.
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Coforge 10% Target , Under cup formation breakoutCoforge is under breakout with cup formation. It will increase up to 10%. Target
Coforge Ascending TriangleSwing traders can watch this breakout for entry with SL below the swing low.
TradKingStock name COFORGE
this stock is move in chart pattern
chart pattern name is symmetrical triangle pattern and this trade is breakout time
All set for huge returns!1. Trend Line Break Out with decent Volume
2. Volatility Contracting
3. RSI Break Out
4. Nearing ATH.
5. 5900-6000 Resistance zone.
6. Major movement above ATH of 6013.30
COFORGETechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
Chart on COFORGE LTDChart on COFORGE LTD
CMP @ 5655
Short Term Target @ 5704
Professional Target @ 5853..
Long Term Target @
Average @ 5176
I am expecting COFORGE LTD to move UP in coming days.
Disclaimer: I am not a SEBI registered Financial Advisor. Please consult your financial advisor before investing.
NSE:COFORGE trading @ Resistance NSE:COFORGE
#NSE:COFORGE trading bullish @ resistance.
Post sustainability confirmation, may see positive trend.
Coforge BullishCoforge seems Bullish expecting impulse
move may happen concentrate if price sustain above 5701 in daily
Sell below 5615 TGT 5573 SL 5675Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Buy above 5675 TGT 5710 SL 5624Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Coforge : Breakout, For investorsGuys! As soon as the trend line breaks with candle close above it, entry will be confirmed.
Price is closing above 20 ma for last 3 months.
Means price is strong. No bearish sign at all.
SL : can be kept below the support zone.
Target: There's no target for these type of stocks. Once you enter ride and enjoy. Parcial booking can be done if you're conservative investor. And yes! buy again in the dips to benifit from compounding effect.
Happy investing 😊
Let's co-forceThough share is in range bound kinda structure yet making higher highs and higher lows.
As nifty made wild moves in both directions yet coforge was strong enough to absorb such pressure.
Keep a close eye on it
Big move incoming
Not a SEBI registered advisor
[Short Term]Diamond Top Pattern in COFORGEOn Daily Time Frame, COFORGE consolidated and formed the diamond pattern after the uptrend. In the upcoming few sessions expected breakout/breakdown of this pattern. According to the pattern higher probability, this trade gives breakdown and indicates trend reversal up to 4000 downside target. In case it gives breakout of resistance line then it is possible it will continue its bullish rally towards the further higher targets. So keep watching this stock for perfect short term entry for long/short position.
COFORGE TRADE SETUP FOR TOMORROWAs you can see in the chart, COFORGE is consolidating from last so many days,
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Today the stock has given the breakout, so for tomorrow if stock goes above 5490, you can buy this trade for the target of 5600,
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You can see in the chart stock has made the same pattern in the previous day's.
Simple Trade Setup | COFORGE | 09-12-2021 [ INTRADAY] NSE:COFORGE
I am posting this as one of the follower on Twitter requested for it.
Observations:
1) On 1day time frame,Today, Today it traded between 100DMA and 50DMA.
Breakout on either side will give a good move on that side.
100DMA is placed at 5180.30 level. So level range of 5180-5200 will work as support.
50DMA is placed at 5350.25 level. Which will work as immediate resistance.
Please refer below chart : 1 day Time Frame.
2) On 1 day time frame, we can see below levels as support and resistance.
Please refer below chart : 1 day Time Frame.
3) On 15min time frame, we can see that it has been trading in the resistance channel range now. If it gives sustainable breakout of this channel then it will be bullish.
Please refer below chart : 15min Time Frame.
4) Also on 15min time frame, we can see that it has formed the bullish flag and pole pattern since last 3 trading session.
If this pattern gets activated and gives flag breakout then we can see good bullish move.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 09-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Coforge short sell mode Target 4866Coforge ltd is under weekly support. It breaks weekly support, it will reach up to 4866. Short sell probalility.
coforge emerging cup and handle patternIS C&H trying to form in coforge
yessssssss:
so 5750 soon and at 5750 B/o done then 6700
mcpriceaction
COFORGE TRADE SETUP FOR TOMORROWAs you can see in the chart after a strong bullish now stock is in the correction mode,
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So for tomorrow, if COFORGE go above 5524, then you can go long on this trade.
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If Stock goes below 5404, then we can short this trade.
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What's your view on this comment below in the box.
