ReeAishw

Coforge Fibo Level Along With Parallel Channel in 45 mins

Long
NSE:COFORGE   COFORGE LTD
Price is trading near 100 Ema in 2 hours Tf, Also in a parallel channel in 30 mins. 20 Daily Time Frame can also act as a support.
BUY NEAR 2560 Only on proper reversal;

The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence

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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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