Coforge Break out the Weekly Head & Shoulder in Weekly time frame if sustain above 5788 Sl 5427 possible target 6000-6300-6600+++++
For educational purposes only: Coforge appears favorable for a long position within the demand zone. You can consider buying in the entry zone, which is between 5500 to 5600, upon observing a reversal candle on a 15-minute time frame. The subsequent targets could be 5700, 5800, 5900, and 5980, with a stop loss at 5450. If you find my analysis helpful, please...
In the ever-evolving tapestry of stock markets, CoForge has emerged as a compelling prospect, hinting at the possibility of a promising rally. The technical landscape paints an intriguing picture, suggesting favorable conditions for a potential swing trade. Reasons are listed below : CoForge has undergone multiple tests within the 5800-5900 zone, breaking...
Has given a clear BO of the Gann level at 6548 and heading towards 8000 Good RR as the SL is just below 6500
currently at resistance may retrace and than break resistance
it got a huge volume ar 23 aug it has the suppport of ma tl and vp
Coforge Monthly chart breakout buy on dip first target 7051 & Second Target 1045..
This stock gave breakout with good volume and retest and this is good opportunity for swing trade
COFORGE will go up.and up ... Whoever have coforge ,stay for target.
COFORGE gives a Great Break out on upside we can see upto 50% Return in Coming months and 20% in few weeks
NSE:COFORGE One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
NSE:COFORGE One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Conviction Delivery Idea BUY COFORGE CMP 5123 SL 4939 TGT 5594 (10% Upside Potential) Expects positive for Coforge after the company reported 9.5% QoQ rise in consolidated net profit in Q2. Company maintained FY24 CC revenue growth guidance of 13%-16%. The board declared a second interim dividend of Rs19/share. Volume of 4.5 lakh shares traded on NSE
Coforge is at its all time high break out with gud volume. also supported by 20& 200 ma. Break out happened with gud volume on daily time frame. today retest its ATH break out. it may be a gud buy with very less risk. for swing trade SL will be - 5490 Target shown in screen it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is...
Buying Zone @ 5890-6135 Stoploss @ 5455 RRR 1 : 3.72 Target : 7494-8516 Profit % : 27% TO 44% Profit : 1600-2600 Duration : 3 TO 12 MONTHS
Multiyear stock breakout with rounding bottom formation. One can invest for long-term. Good current ratio of 1.5 ,Good Avg ROE for last 3 Years of 24.59 and its almost debt free. This is only for an educational purpose , invest after consulting your financial advisor. Follow on X at iamdeepakparvat
TARGET IN CHART SL 5700 FUNDAMENTALS Market Cap ₹ 37,516 Cr. Current Price ₹ 6,087 High / Low ₹ 6,121 / 3,565 Stock P/E 51.7 Book Value ₹ 541 Dividend Yield 1.07 % ROCE 30.8 % ROE 25.1 % Face Value ₹ 10.0 Promoter holding 0.00 % EPS last year ₹ 114 EPS latest quarter ₹ 29.4 Debt ₹ 1,209 Cr. Pledged percentage 0.00 % Net CF ₹ 123 Cr. Price to...
Follow the ARC and enjoy the IT stock where there is deep pessimism. 5800 6000...Buy on all dips Stop 4300 on Closing basis