Powered by: Motilal Oswal
2025-10-15 11:49:22 am | Source: Jainam Share Consultants
Buy Coforge Ltd For Target Rs. 1846.00 by Jainam Share Consultants
Buy Coforge Ltd For Target Rs. 1846.00 by Jainam Share Consultants

Coforge Ltd

Buy Coforge  Ltd CMP 1745.00 Buy Price 1745.00 Target 1846.00 Stop loss 1682.00 Holding Periond 1 Month

* The stock price trading at Rs. 1745 on 15th Oct 2025.

* Currently the stock has given bullish chart pattern formation which resemble as Flag & Pole pattern breakout on daily chart.

* At this point, the price is trading above all the important moving averegs, which indicates a continuation of bullish momentum. Additionally, the momentum indicator RSI is also moving towards the 60 level, suggesting strengthening positive sentiment in the stock.

* We expect the stock price to continue its current bullish momentum and head towards 1830-1846 levels considering the current price action.

 

 

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here