🚀 40% Breakout Opportunity in a Fundamentally Strong IT Giant!

A classic Cup & Handle pattern is nearing breakout in Coforge Ltd, setting the stage for a sharp upside. 📊 Technical Highlights ✅ Cup & Handle Pattern forming since Jan 2024 – now close to breakout above ₹2000. ✅ Breakout Target: ₹2800 (approx. 40% upside from breakout point). ✅ AVWAP Support: Strong price respect above anchored VWAP (purple line), showing institutional interest. ✅ MACD: Bullish crossover near zero line supports strength in momentum. ✅ Volume: Rising gradually – a breakout with volume will add conviction. 📈 Elliott Wave Perspective Wave 2 correction completed at ~₹1300. Current rally likely Wave 3, targeting ₹2800+ based on measured move. 📘 Fundamental Strength 🔷 ROCE consistently >20% 🔷 Promoter holding >50% with minimal pledging 🔷 Strong QoQ revenue and PAT growth 🔷 High-margin IT service business model with global exposure 📌 Watchlist Level Breakout Zone: ₹2000 Target: ₹2800 Invalid below: ₹1700