With momentum building up in the IT Sector, analysing Coforge was very important.
Here are the details- With the current pricing and levels in the chart of Coforge, The buying/accumulation zone is between 6500 to 6600 The profit booking/ supply zone is between 6850 to 6950. There are Higher highs and higher lows being formed on the chart with the levels squeezing to shorter triangles. Thus there is a huge potential for a breakdown at around June 2024. Be Careful with your long positions.
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