coforge getting bearishcmp 6845
sl and t1 shown on chart
note : its for educational purpose and not a trading call/tip.
COFORGE
Coforge: Bullish in bear marketThis stock shows very strong trend. Kind of respecting 20SMA and 50SMA.
Trend : Strong Bullish
Trade: Long
SL Price : Recent swing low, 7900.
Entry : 8075.
Target: there is no target. Just trail SL unitl prices closes below recent swing low.
Whenever price bounces back from 20SMA, your can hold with more conviction.
Here risk is about 8075-7900 = Rs.175 per stock.
Aim of 1:3 or 1:5 at least.
For entry you can even target and wait for even better entry level better than 8075.
COFORGENSE:COFORGE
One Can enter now!
Or Wait for a retest of the trendline(BO)!
Or Wait for a better Risk:Reward Ratio!
Note :
1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and thier notifications on your email.
Support and Like incase the idea works for you.
Coforge in Consolidation – Awaiting Breakout!➡️ Bullish breakout above ₹7,084.25 (Target ₹7,200+)
➡️ Bearish breakout below ₹6,779.40
➡️ Support levels: ₹6,436.50, ₹5,993.60
COFORGE Gives Brakeout On Daily chartNSE:COFORGE
I am buying this stock
Near 5915
And follow sl on 5150
My target will be 7400
My risk reward ratio is 1:2
Return on capital 22%+
#NIITLTD 113 TGT 130 #Coforge #MIT #FII #DII #stocks #tradingNIITLTD 113
TGT 130
TF < 3M
NSE:NIITLTD
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
My view on Coforge Coforge forming inverse head and shoulder
Looking tgt 5320-5370-5400++
in very short term👆
Keeping on radar Coforge 5300 CE
👆👆
COFORGE : BULLISH PATTERN FORMINGCOFORGE is now at the support level and forming a bullish pattern at the daily time frame also a fundamentally Good pick fell recently because its recent result is not very bad also acquired a new business to expand and grow its sales exponentially and we can expect good upside movement from this level Target and stop loss on the chart.
SWING IDEA - COFORGEIn 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 through and retesting this critical range. The current attempt to resume the upside move indicates a resilient upward momentum.
Notably, CoForge is supported by the 0.382 Fibonacci retracement level, adding a robust layer of support and fortifying the potential for an upward trajectory.
CoForge consistently forms higher highs, a testament to a sustained uptrend and indicative of positive market sentiment.
Trading above both the 50 and 200 exponential moving averages (EMA), CoForge maintains the integrity of its trend, providing confidence in the continuation of the upward movement.
The presence of a bullish marubozu on both daily and weekly timeframes adds a bullish tone to the technical outlook, further reinforcing the potential for a positive price action.
Target : 8404
Stoploss : weekly close below 5987
Disclaimer :
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@visionary.growth.insights
£INFIBEAM 17 TGT 26 47% Buy Recommended - Rachit SethiaINFIBEAM 17.75
TARGET 26
SL 13
Return 47%
RR > 2
TF < 6 Months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
COFORGENSE: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
COFORGENSE: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 loss, Shared for Educational purpose
COFORGE--Consolidation + Bullish ??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 towards resistance.
Previously a strong fall is observed from 4500 levels.
we have demand zones left @4100, @3950 if price fall below trendline, this will give support.
Keep in the buy side from demand zones.
#PERSISTENT... looking good 17.05.23#PERSISTENT.. ✅▶️
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... Looking good in this level#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 - Bullish Consolidation BreakoutNSE: 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 on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
COFORGE Sell for intraday tradingCOFORGE Sell for intraday trading if stock break the given support level...........
NIFTY IT - Recovery started with Double Bottom Breakout Confirm Key highlights: 💡⚡
On basis of Weekly Time Frame
📊 Currently NIFTYIT has given Double Bottom Breakout with confirmation.
📊 Keep an eye on IT sector's scripts.
📊 Example : LTTS , COFORGE , TECHM
1st Target - 32816
2nd Target - 34381
Support - 30559
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
#MtarTech #MINDTREE #LTI #LTTS #INFY #TCS #CNXIT #WIPRO #COFORGE#MTARTECH
NSE: MTARTECH
CMP: 1737.80
TARGET: 2200
SL: 1550
RR: >2.5 times
Return > 26%
Timeframe: <6M
CAN BREAK ALL-TIME HIGH IN FUTURE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
COFORGE :ACCUMULATE IN OCT 2022 COFORGE :ACCUMULATE IN OCT 2022 || expect to further correct till dec 2023 || Hold for another 3 years
CoforgeWeekly chart shows three green candle.
Tomorrow will.be correction.
Support and resistance on chart.
COFORGE, RSI DIVERGENCE!!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.
