Stock of the day - Coforge Ltd Target Rs. 2080

2026-10-22 11:07:55 am | Source: Religare Broking Ltd

Stock of the day - Coforge Ltd Target Rs. 2080 - Religare Broking Ltd

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Coforge Ltd

Buy Coforge Ltd CMP (Rs) 1951 Range* 1946-1952 SL1880 Target 2080

* Coforge has strengthened its bullish outlook following a decisive breakout above an extended consolidation range, indicating renewed demand and potential trend continuation.

* The stock remains firmly positioned above its rising 20-day EMA, confirming a positive price structure and improving momentum.

* Expanding volume lends credibility to the breakout, reflecting stronger market participation and buying conviction.

* Traders may consider accumulating the stock within the recommended range.

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Stock of the day - Coforge Ltd Target Rs. 2080 - Religare Broking Ltd

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