COFORGE trade ideas
coforge- bullish coforge- bullish
if the price breaks trend line go for buy
tgt 2533/ 2553
volume build up at 2503 and 2497
COFORGE SHORT TERM TRADE FOR BUY POSITIONANALYSIS DONE THROUGH A TYPICAL PRICE ACTION AND IF CANDLE CLOSES ABOVE BUY LINE, TARGET WILL HIT
Coforge , DOUBLE BOTTOM or RSI bearish divergence ??Double bottom and retesting the resistance , buy above yesterday's high at 2565 with target of 2630-2635
If the market volatility curbs the trend and rsi bearish divergence works , then
Sell below 2490 , target 2415-2405 , SL 2510
Coforge , DOUBLE BOTTOM or Rsi BEARISH divergence ??Coforge price action shows that price broke resistance , retested it and now forming double bottom !!
Go for a BUY above 2515 , safe traders can enter above yesterday's high for a target of 2630-2635 , SL 2490
If the rsi divergence and the market volatility curbs the trend then ,
Sell below 2487 , target 2415 - 2400
GOOD TO BUY COFORGE...CHART TECHNICALLY LOOKS GOOD...BUY COFORGE POSITIONAL ...
SUPPORT LEVEL 2100
RESISTANCE LEVEL 2400
MUST LOOK FOR 2430 , 2460 , 2500++
GOOD TO BUY AS PER FUNDAMENTAL ANALYSIS AS WELL....
FOR MORE EDUCATIONAL CONTACT US..
GROW MORE GROUPS...
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Coforge , PURE PRICE ACTION Coforge is near its resistance , can give breakout or can move back to its support . Avoid fake-outs .
Buy above 2508 (wait for retest) , target 2550-2560 .
Sell below 2468 , target 2425-2415 .
COFORGE: ZIGZAG CORRECTION , confirmation After giving a five waves down , the stock has made a 3 wave upmove in a parallel channel whose breakout was seen in the friday's session. One should make a short position keeping a stop loss a bit higher of just recent high that is 2500 level and wait for the target below the recent low which is 2077.
Nice breakout and holding uponce gains coforge, previously failed and again a nice breakout and holding up.
Coforge to take long entryLong above 2474 for the target price of 2750 & 2805 with SL of 2335. Stock in uptrend & trading above 20 EMA. Entry will be taken after the BO of TL.
Once price move above the 2550 will follow the trailing SL.
Coforge EducationEducation Only.
No Buy / Sell Suggested.
Possible to Reverse from 2390, if break 2356 and 2346.
Buy while crossing green and red.
Trend Line Break.
Low side are support.
Up side for Buy.
Next move I am just forecasting this for two or more email has come asking when it will move or what is next move , few people have stuck in it they bought in cash and holding it
so this one is going up , Wait for daily reversal and buy it for next move ,
Good luck
Breakdown of Parallel channel in COFORGECOFORGE shown breakout of the parallel channel in the last trading session. Also, its indicating breakdown of the lower band of Bollinger bands. Overall strong downside possible after this pattern.
Possible Trade:
Sell COFORGE Below 2399
Stop-loss 2445
Target 2334 2287 2210-
COFORGEThe stock has given breakout with good volume in sept and tested the breakout zone twice (2060-2080).
After 2nd retest that happened earlier this month, the stock has been consolidating above 50ema.
CMP: 2355
Target: 2420, 2480, 2550
COFORGE Swing Tradecoforge has taken a bounce from its major support and broke its counter trandline decisively. A swing trade can be taken here for its price action to play in less than 2 weeks time.
