Coforge Monthly chart breakout buy on dip first target 7051 & Second Target 1045..
Observations: The stock is trending upwards. Now the stock price is trading near its resistance level, if its continue towards resistance or fall again from this resistance. we have a trendline support as well. If trendline breaks we have support @4100 level, fake breakdown at trendline may happens here. after consolidation for 1 month price again moving upwards...
Coforge Ltd has broken trendline looks good buy around marked demand area with below demand level as stoploss for the giventarget lets see..
RSI says everything, and its divergence is a great strategy to go bullish on the stock. currently IT sector is also trading down, i have uploaded its idea many at times. so anyone can go long on this stock, the dark 2 black lines are the range where we need to start looking out for the stock for some actions.
Buy Coforge Target 🎯 6500 because it's recently given major breakout
Buy Coforge Target 🎯 5600 because it's recently given major breakout