Coforge Limited

COFORGE LOOK OUT FOR THESE LEVELS!!!

155
ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
PRICE HAS BEEN CONSOLIDATING FOR 3 DAYS NOW.

BUY ONLY IF 2300 LEVEL IS BROKEN WITH VOLUME, OR IF PRICE FORMS A REVERSAL CANDLE NEAR/ON THE DEMAND ZONE.
SELL BELOW 2165, BE CAUTIONS WHEN PRICE IS NEAR 2115-2100 LEVEL

2300 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.

The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TEANT
3) VOLUME - RED (BEARISH VOLUME)

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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!

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