COFORGE LTD – 1D

Important Levels Resistance: 1554 – 1521 (recent breakdown zone) Immediate Resistance: 1393 – 1400 Support: 1314 Major Support: 1280 Business Mid-cap IT services company focused on digital transformation, BFSI, travel tech & cloud services. Strong deal pipeline but sensitive to global tech spending. Earnings Margins recently under pressure. Revenue growth stable but stock reacting sharply to sentiment and global IT weakness. Verdict Clear breakdown below 1520 zone → strong selling pressure. Now attempting bounce near 1314 support. Structure still weak unless it reclaims 1520 zone decisively.