Coforge Limited
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COFORGE 1D Time frame

73
🔍 Current Price

Trading around ₹1,720 – ₹1,740

📊 Technical Indicators

Trend: Bearish — price trading below short and medium-term moving averages.

RSI (14): Around 26–27, showing oversold zone.

MACD: Negative, indicating bearish momentum.

ADX: Strong, meaning the downtrend has solid strength.

⚙️ Key Levels

Immediate Resistance 1: ₹1,780

Resistance 2: ₹1,820 – ₹1,840

Immediate Support 1: ₹1,700

Support 2: ₹1,650

Deeper Support: ₹1,620

🧮 Base Strategy

Long Setup:

Entry: Near ₹1,700 if reversal signals appear

Stop Loss: Below ₹1,650

Targets: ₹1,780 first, then ₹1,820+

Short Setup (Reversal):

If price fails near ₹1,780 zone

Targets: ₹1,700, then ₹1,650

Breakout Setup:

If price sustains above ₹1,820 – ₹1,840 with volume

Upside can extend toward higher levels

免責事項

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