GODREJAGRO: shows signs of reversal from current levels, as it was consolidating since last 45 days (33 sessions) at 50% Fibonacci retracement levels on monthly charts, and now at trendline breakout on weekly and daily charts as RSI gaining good strength from 18 to 60 within consolidation zone. Also being an agricultural entity, it will be in focus due to upcoming...
COFORGE shown Inverse Head and shoulder pattern on Daily charts, might be a good buy for positional trade, with a stoploss of 5629 for big targets of 6494, 6715 and 6990, AND don't forget to trail stoploss to upper levels..
Shows signs of short term trend reversal (bearish to bullish), and continuation of long term trend of bullish
1) Took support on 200 Day Moving Average
2) reversal from 61.8% retracement level of Fibonacci support level
3) Head and Shoulder pattern neck line Breakout
4) Flag and Pole pattern
5) Trend line Breakout
6) reversal from June Highs of 2375
made head and shoulder pattern in Daily time frame and also in hourly time frame..
Wait for Head and shoulder pattern breakout..
for short term trades
Stoploss below 5389
Target 1 : 5845
Target 2 : 6045
Target 3 : 6195
for education purpose only...