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Umang Bhutada

26th Oct · SEBI-Registered Analyst

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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