COFORGE | RESULTS & CHARTS ANALYSIS
Coforge Ltd (NSE: COFORGE)
What’s happening:
Q2 profit surged 86% YoY, revenue up 31%. Company showing strong deal wins and margin expansion.
Why it matters:
Despite global IT pressure, Coforge’s growth stands out — investors are rewarding high-growth mid-cap IT names.
Key takeaway:
Great learning case: how strong results can lead to breakout setups even in weak sectors.
Key levels:
Support: ₹1,690
Resistance: ₹1,780 / ₹1,800
Breakout Zone: Above ₹1,780 could push it towards ₹1,850+
Final Verdict:
Positive momentum — strong earnings + near breakout level.
#TechnicalViews#FundamentalViews#WatchOutFor

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