Buy Coforge

May 13

Short Term Trading Advice by Goodluck Capital
Buy Coforge

• Buy Range- 8000 - 8200
  
• Target- 8750 - 8850
  
• StopLoss- below 7700
  
  
• Upside Potential- 8% -9%
  
• Approx trade duration 14 - 15 days

Jun 5

Note

Coforge recently underwent a 1:5 stock split, which means one existing share with a face value of ₹10 was split into five new shares, each with a face value of ₹2. This happened on June 4, 2025.

What does a stock split mean for investors?
Increased number of shares: If you owned 10 shares of Coforge before the split, you now own 50 shares.

Revised Target and Stoploss
After the 1:5 split, these target and Stoploss would generally be divided by 5.
- New Target: 1750-1770
- New Stoploss: below 1540

Jun 5

Trade closed: target reached

🎯 Target hit - 1770 (June 05, 2025)
✔ Gained profit ₹8,589 (8.6%) per lakh capital