Coforge near big breakout (H&S)Classical head & shoulders pattern formation in coforge. Above 6000 it may rally as per the charts analysis. It may consolidate around 6000-6100 mark ones its taken out there will be good levels. 6000 7000 8000 9000.
COFORGE trade ideas
COFORGE | Swing Trade | Bullish Momentum COFORGE | Swing Trade | Bullish Momentum
1) Stock trying to fill the gap down
2) month on month >10% trade from april - may - june
3) Good volume breakout
COFORGE 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
COFORGE Looking good for Downside..
When it break level 5869 and sustain.. it will go Downside...
SELL @ 5869
Target
1st 5815
2ND 5782
FUTURE AND OPTION
COFORGE JUL FUT – LOT 5 (Qty-750)
COFORGE JUL 5800 PE – LOT 1 (Qty-150) – PRICE (175)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Coforge bullish.?Seems like it is in a short term bullish move over 5700 and then if breakout happens , makes all time high.?
#Coforge important support and resistance levels#Coforge important support and resistance levels
Swing target 5500/5800/6000+++
COFORGE - Weekly AnalysisIn the Weekly Chart of COFORGE ,
we can see that; after Inverted Head and Shoulder breakdown, it did not sustain and we saw a downfall.
we saw a very strong bounce back from 4300 levels.
Also, now it is creating a very strong price action and slowly moving in upward direction.
Enter on breaking Candle's High with Low as SL.
Expected momentum is shown in chart.
COFORGE, Technical OutlookThe price has given the breakout of the resistance R1-5,313 and of the LTMA band.
The price could test the higher level of 6378.45.
Also RSI is above 60.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
COFORGE Long Opportunity If price come around 5000-5100 then we can go long till Target 1 & 2
I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trade ideas I share on my profile are only my view point.
COFORGE FOR 5%Coforge is one of the good IT stock is ready for break out.
In past weeks we do see a sharp downside movement in IT stocks and now IT stocks ready for rally.
Coforge CMP : 4724
SL : 4695
TARGET : 4900
COFORGE 10-05-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me.
Points to Note:
1) support bounce .
2) fundamentally good stock to hold for long term from CMP.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Coforge All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL 1Hr candle close only, Target Trigger Price
COFORGE NSE:COFORGE is now available at a major support. Signs of reversal should lead investment opportunities into this stock. Majorly owned by DIIs and a professionals led management makes it a good stock at PE of 34.
COFORGE LONG GOOD FOR INVESTMENTCOFORGE LONG GOOD FOR INVESTMENT
Holding 2100 shares long from average price of 4582 with a stoploss of under 100EMA on the weekly chart.
Buy date of 15 May 2024
COFORGE - Weekly AnalysisIn the Weekly Chart of COFORGE ,
we can see that; after Inverted Head and Shoulder breakout, it did not sustain and we saw a downfall.
Let it form a Hammer or W shape recovery on Trendline of Cup & Handle.
4400 can be a reversal point.
COFORGE BULLISHCOFORGE BULLISH
SHORT TRERM BULLISH
BUY : 4990 - 5020
TG : 5500 - 5750
CBSL : 4850
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Coforge Ltd Price Action.Coforge Ltd form Inverse H&S pattern on chart, Neck line is placed near 5878 near. As per chart it is showing bullish reversal ice land pattern.
It can long for target 6363+ soon
COFORGE high potencialNSE:COFORGE
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
Coforge Fishing at the Dip , midcap it coforge took support from the long term trend , bounce back may happen
COFORGE moving into supply zone short termStock has rallied good in the recent month and started making zigzag zone and at the same time struggled to make a higher high indicating signs of weakness , the rising wedge and a rounding bottom within it supplementing the weakness bias . Momentum indicators signalling diversion and not much market participation ( possible signs of distribution during the zig zag move )
Time cycle is fresh and a breach down here could trigger inversion , keep a watch on this counter for short term weakness at the break of recent support zone (highlighted in amber)
Note : Slight thought, it could loiter around for a while or possibly make weak upmove a bit before breaching the support zone
