Coforge Ltd – 1D

Trend: Strong downtrend with continuous lower highs & lower lows. Support & Resistance: Support – 1,006 Resistance – 1,192 / 1,314 Expected Move: Any bounce likely to face selling near resistance zones unless structure shifts. Fundamentals (Brief): Mid-cap IT company with strong niche presence, but high beta leading to sharper corrections. Verdict: Bearish structure — avoid aggressive positioning until reversal signs.