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COFORGE LTD
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Coforge near big breakout (H&S)

Oleh ashishhc
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Classical head & shoulders pattern formation in coforge. Above 6000 it may rally as per the charts analysis. It may consolidate around 6000-6100 mark ones its taken out there will be good levels. 6000 7000 8000 9000.
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Target1 2 achieved. Now it should sustain above 6550
Catatan
Sustaining above 6200. May consolidate here between target1 & target2 then it will be ready for next move.
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Target2 also crossed. waiting for the next move.
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Looking weak now. looks like it can retest the 6000 levels.
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Cup & handle patten failed.
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again above 6020 it will become bullish.
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Accumulation zone.... Buy now.
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This breakout can be a game changer at bottom level. Start making positions in this 6000 - 7000 target
Catatan
Looks like it's just started. should consolidate first now around 6000.
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Above 6500 it should be strong again.
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Coforge re-testing 6000 again.

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Catatan
Retesting 6000 levels. will become super bullish soon. This wont take long to reach the target. Potential IT stock.
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Coforge big target coming. 6870. If sustains above 6300

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Head and ShouldersTrend AnalysisWave Analysis
ashishhc

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