COFORGE Sell for intraday tradingCOFORGE Sell for intraday trading if stock break the given support level...........
COFORGE trade ideas
Coforge Ltd *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:)
CoforgeCoforge is in 4th corrective wave of the third wave of its new impulse.Correction is almost at the end and we can go long for a target of 4600.
BUY COFORGE FOR LONG TERMCoforge 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 %
ROCE
32.1 %
ROE
25.4 %
Face Value
₹ 10.0
Debt
₹ 755 Cr.
EPS
₹ 129
PEG Ratio
1.69
Promoter holding
40.0 %
Intrinsic Value
₹ 2,075
Pledged percentage
0.00 %
EVEBITDA
19.6
Company has been maintaining a healthy dividend payout of 36.3%
BEST STOCK TO BUY NOW FOR LONG TERM IT CAN BE DOUBLE IN ONE YEAR FROM THIS LEVEL.
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COFORGECOFORGE 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 technologies and services includes mobile, cloud, analytics, artificial intelligence, blockchain, and more. These technologies help companies create custom digital solutions that can increase their productivity, reduce costs, and improve customer service.
COFORGE’s commitment to staying ahead of the technology curve has resulted in the successful deployment of many innovative solutions for its clients. The company has deployed advanced analytics and machine learning solutions to help companies gain valuable insights about their customers and operations. It has also implemented blockchain solutions to help customers securely store and manage data.
COFORGE’s technical expertise, combined with its commitment to staying ahead of the technology curve, makes it a strong partner for companies looking to benefit from digital transformation solutions. With its portfolio of digital technologies and services, the company is well-positioned to help its customers bridge the gap between their current state and their desired future state.
COFORGE - Bullish Momentum with VolumesNSE: 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 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.
Trendline breakoutCoforge Ltd has broken trendline looks good buy around marked demand area with below demand level as stoploss for the giventarget
lets see..
coforgecoforge breakout triangle pattern . good fundamental stock 15 to 20 % upside movement , but gap up channel opening , so be focus , in stort turm
Positional Stock "COFORGE LTD.""Coforge Ltd." forming a *Cup & Handle* pattern on the 1 day time frame.
If it gets an upper side breakout, then a big move can be found in it.
Paise banana hai...?? Too coforge buy kro....Buy coforge above 3970 with a small stoploss 3830. For a targets of 4200/4300/4500...
COFORGE- Good Coffee TradeCOFORGE has broken the resistance and is ready to give a tasty coffee-like trade. Trade with SL and Trail your SL for good-RRR.
Bulls Entering into CoforgeCoforge coming out of the range is a sign of entering the bulls. Having a bullish bias on IT pack
CoforgeCoforge CMP 3908
Buy above 3930
Traget 4500/5000/6000+
Swing/Positional
Fundamentally strong company
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.
COFORGE COFORGE - Pennant breakout at a crucial demand zone, accompanied by maximum POC support.
One can go long with a SL of last swing low.
long coforge above 3978 we are long coforge above 3978 maintain sl below 3930 short term target-4200++
risk - 48 points
rewards - 200 points
always respect risk to rewards.
PROBABILITY OF ENTRYIt already shown good sell structure
As a trader we should wait for retest and confirmation before entry on buy or sell side, which ever trending line it will break we will think of entry
COFORGEOne can long on Coforge
its candled is at upper band of BB band
croosover in MACD
and RSI is above 50 around 60.
also symmetrical triangle breakout.
One cane take it as swing trade with
target - 3923
stoploss - 3620
COFORGE , starting UPTREND after retesting hey guys ,
COFORGE stock is showing signs of UPTREND,
this stock was moving in a fixed downtrend ,
2-3 weeks before this stock has crossed it's RESISTANCE and broke the DOWNTREND AREA .
After breaking that area , the stock has retested
But instead of going into a straight uptrend ,
this stock started to follow a pattern called TRIANGLE PATTERN
and now this stock has CROSSED the RESISTANCE of that TRIANGLE PATTERN ,
and a big green candle is presented by this stock .
therefore guys , i suggest you that
try to grap this stock and earn high returns .
( but it is not sure that you will achieve your target
if stop loss is hit , pls cut ur position)
i have marked the RR RATIO , TARGET AND STOP LOSS
BUT FIRST CONSIDER THE GLOBAL MARKET SITUATIONS
1. INFLATION
2. WAR
3. RISING BANK RATES
AFTER CONSIDERING THESE SITUATIONS, YOU CAN BUY THIS STOCK
😀😀
COFORGE - Short term Bearish trendCOFORGE - Short-term Bearish trend
1. It cuts the secondary trend support and the primary trend resistance as well.
2. next support will be in 1890.
3. Buy once it touches 1890, hopes the market trend reversal at the same time.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
