Coforge Ltd – 1W
COFORGE
Important Levels:
Resistance: 1,900 – 2,000 zone
Intermediate Resistance: 1,521
Support: 1,393
Major Support: 1,314
Lower Base: 1,192
Business:
IT services player with strong travel, insurance, and BFSI vertical focus.
Earnings:
Sharp weekly breakdown (-11% approx). Strong bearish momentum candle from supply zone. Volatility elevated.
Verdict:
Trend clearly weak unless price reclaims 1,521 decisively. 1,314–1,393 zone is crucial demand for short-term stabilization.
Disclaimer:
SEBI Registered Research Analyst
For educational purposes only
No Buy/Sell recommendations
#TechnicalViews

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