coforge future updateafter huge rally made high 9800 now looks some correction till 94--9200++++ where support 9100 if stya blw or close blw 2 days thna more down fall 8500+++++ or abv 9755 thna next really may be occur till 10300++++
COFORGEZ2024 trade ideas
Coforge - Making Cup & Hadle Coforge is making cup and handle pattern on DTF..We can expect the price to move towards 6600-7000. Other parameters:
1. Buying volumes are higher than selling
2. RSI is above 60
3. MACD will improve
On a confirmation (please see my earlier charts on what confirmation means in this pattern), we can expect the price to move up.
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
[Positional] [T3] 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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Long COFORGECoforge is a long opportunity trade
TWT_SUPER_POINT has been able to capture the reversal move
#COFORGE POSSIBLE TO BUY#COFORGE trading 3348 formed bullish pattern,
Today trading our retracement level,
we can buy above 3372 and tgt 3460
SL: LIVE
coforge
- stocks has forming rectangle pattern.
Stock sustain above 4100 Next level to watch 4200/4380 levels
-Support is near 4000 level on chart.
Coforge Good Buy SignalMay test the level 2420/2520
Keep an eye on Wipro also.
Disclaimer: Ideas for learning Only.
