📊 Stock Breakdown: Coforge Ltd – Cup & Handle Breakout 🚀

A classic Cup & Handle pattern is unfolding on Coforge's weekly chart, and the breakout is nearly confirmed. Here's the full breakdown: ☕ The Setup: Cup base formed over 6 months (Dec 2024 – Jun 2025) Handle forming smoothly with declining volume Strong bullish candles pushing toward breakout 🔍 Breakout Zone: ₹1,996 This is the neckline of the cup — price is now approaching it with strength. 🎯 Target: ₹2,800 Based on the height of the cup (~₹800), the measured move gives a 40% upside from the breakout. ✅ Why this setup matters: Strong recovery after healthy correction Rising volumes + momentum from broader IT sector 200-week EMA comfortably below = long-term uptrend intact Institutional interest building up