In the Weekly Chart of COFORGE ,
we can see that, after the failure of Cup & Handle, it is now ready for up move.
it has given W Pattern breakout.
Let it retest and then Enter with SL. and Go Long till 4800-4900.
#COFORGE... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
#COFORGE... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
NSE: COFORGE is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain...
#COFORGE...
Intraday as well as swing trade
All levels given in charts
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this
We take trade only when it activates...
*Coforge Ltd.*
C&H Pattern: Weekly Basis
Strong Vol. BreakOut.
Price BreakOut Needed & to be Sustained.
To Cross Weekly Priceline, 8% Upsided Needed.
Strong Resistance al@4504. If Crossed & Sustained, then Good to Go!!!
Do Your Own Research as well. This is just an Opinion!
Happy Investing:)
Coforge is an IT services company providing end-to-end software solutions and services. .
It is among the top-20 Indian software exporters. Prominent global customers include British Airways, the ING group, SEI Investments, Sabre, and SITA.
Market Cap
₹ 26,620 Cr.
Current Price
₹ 4,359
High / Low
₹ 5,200 / 3,210
Stock P/E
33.8
Book Value
₹ 463
Dividend Yield
1.19...
COFORGE is a leading technology and services company that is well-positioned to capitalize on the increasing demand for digital transformation solutions. With a strong portfolio of digital technologies and services, COFORGE is helping companies around the world bridge the gap between their current state and their desired future state.COFORGE’s portfolio of digital...
NSE: COFORGE is closing with a bullish candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing...
