Buy Coforge Ltd For Target Rs. 8210.00 by Jainam Share Consultants
Coforge Ltd
Buy Coforge Ltd CMP 7523.00 Price 7523.00 Target 8210.00 Stop loss 7180.00 Holding Periond 1 Month
* The stock price close at Rs. 7305 on 30th April, 2025.
* It has recently broken out of a bullish cup-and-handle chart pattern on the daily chart, indicating potential for further upward movement
* At this point, the stock is trading near the 200-day moving average channel. The momentum indicator RSI, is in a Bullish zone, staying above 55, suggesting that the stock is in a bullish phase
* We expect the stock price to continue its current bullish momentum and head towards 8210.00 levels considering the current price action
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
