“Coforge – Cup Pattern in Play ☕💻”

📊 Technical View 1️⃣ Pattern Formation: A cup-shaped base has been forming since early 2024. Current price: ₹1,759, rising steadily after retesting 20W EMA (~₹1,700). 2️⃣ Resistance Zone: Major breakout level: ₹1,996–2,000. If crossed with volume, it completes the Cup breakout. 3️⃣ Target Projection: Cup depth: ~₹800 points. Breakout target: ~₹2,800 (₹1,996 + ₹800). ~+40% potential from neckline. 4️⃣ Supports: Immediate: ₹1,700 (20W EMA). Strong: ₹1,500–1,520 zone. 5️⃣ Volumes: Gradual rise during right-side recovery → adds strength to the setup.