We are in wave A. there will be 50% retracement in form of wave B. Then again we will have a downward move in form of wave C. Which can be traded. Wave A and Wave C are the best waves to trade.
On the 120 minute time frame Have seen a good decline in price from 4500 to 3940 levels and then some recovery to 4140 levels. The reversal seems to have been validated with the rise of 200 points from the bottom. Further confirmation shall come as it clears the first supply level around 4155 levels post which a retracement to our entry point around 4037/4040...
Took support and mostly will go up. If breaks the zone we can see some down move. Keep a strict stoploss
Coforge is at long term trendline Post deep correction, good levels to try long here SL recent lows
COFORGE - Momentum buildup accompaniesd by elevated double bottom. One can go long with a SL of today's low.
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COFORGE LTD Currently in a downtrend As seen it has been respecting its 50 Day SMMA Levels and has Bounced back in the past. We can Expect a fall till 5230 Levels and then a Bounce back and this time there are high chances for it to break 6030 levels. Fresh Enter to wait until a reversal or 5230 levels. Like & Follow Ping on Whats app for recommendation's /...
Possibility of a breakout in COFORGE in Daily and Weekly timeframes. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Buy Coforge Target 🎯 6500 because it's recently given major breakout
COFORGE had a very good run in last 2 years and still has lot of steam left in it. It's currently consolidating in a bull flag patter for last few 2-3 months and testing the previous highs resistance levels. Any breakout above 6030 can be explosive, but needs support from institutional and FII volume. Can't much trust the recent price movement much during the low...
Daily and weekly give good confirmation for break for 3 wave it would 👍 contuine 6800 long
Buy = 5395.404875 SL = 5153.35 Target 1 = 5879.514625 Target 2 = 6121.5695 09/11/2021 Bullish NSE:COFORGE-->Coforge Ltd Buy for short term Show your support to me by sharing only 1% of your profit at tradewithanusha@sbi
results unimpressive. overbought stock. for education purpose only
Script Name : COFORGE CMP : 5070 SUPPORT : 4990 , IF BREAKS 4600(STRONG) Correction : In 60 mints Target : Description : Stock Trading in hourly Correction and now trading on a support levels of stock Breaks 4990 then it will expected to enter in 4 hourly parrtern which expected to take stock to levels 4600....only buy Above 5500.. AVOID
Look how the stock came down with lack of bear volumes and found support historic support. Good entry with SL as today's low
Coforge is ready for again all time high . Good bet for intraday and will be much good if gets acti e with the opening. High risk/reward trade Buy above 5305 Targets 5400/5500 Stoploss 5270
Can be considered for new investment purposes. For intraday trading, enter above the highest candle close.