COFORGE BEARISH
Sell COFORGE closing 3901 with stop loss 4016 then targets are 3422.
Selling Reason.
1 --> Price breaks the range and wedge pattern.
2 --> RSI is also below 40.
3 --> ADX is showing a Bearish move ahead.
4 --> Volume is showing that more sellers are active and not more buyers come.
5 --> Bollinger Bands are also open on the downside.
Selling Reason.
1 --> Price breaks the range and wedge pattern.
2 --> RSI is also below 40.
3 --> ADX is showing a Bearish move ahead.
4 --> Volume is showing that more sellers are active and not more buyers come.
5 --> Bollinger Bands are also open on the downside.
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