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Kundan Motwani

3rd Oct · SEBI Registration INH000019354

Coforge (COFORGE) remains a midcap name worth for Monday

COFORGE
Coforge (COFORGE) remains a midcap name worth watching for Monday, October 5. Friday close: ₹1,826, up 4.4% Friday high: ₹1,831 50-DMA: ₹1,809.5 — price closed above it. Trendlyne’s Oct. 2 midcap screen shows Coforge as a fresh 50-DMA crossover. ***** +1 The important technical trigger is around ₹1,831–₹1,850. A sustained move through that zone with strong volume would give better breakout confirmation. Initial downside levels to monitor are roughly ₹1,810 and then ₹1,780. ***** Monday plan: I would avoid buying simply because of a gap-up. Watch the first 15–30 minutes; a breakout above ₹1,831 with volume is the setup to monitor, while a move back below ₹1,810 weakens it. This is a technical watchlist setup, not a buy recommendation

#TrendingSectors#TechnicalViews#WatchOutFor#Today’sTradingSetup
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