TRADERS_AREA

COFORGE , starting UPTREND after retesting

Panjang
NSE:COFORGE   COFORGE LTD
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
😀😀
Penafian

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