Coforge near big breakout (H&S)Classical head & shoulders pattern formation in coforge. Above 6000 it may rally as per the charts analysis. It may consolidate around 6000-6100 mark ones its taken out there will be good levels. 6000 7000 8000 9000.
114.05INR
6.94 BINR
80.39 BINR
61.67 M
About COFORGE LTD
Sector
Industry
CEO
Sudhir Singh
Website
Headquarters
New Delhi
Employees (FY)
13.47 K
Founded
1992
ISIN
INE591G01017
FIGI
BBG000Q36ZP3
Coforge Ltd. engages in the provision of digital services and business solutions in selected verticals, which include banking and financial services, insurance and travel and transportation, and hospitality. It offers services relating to digital, infrastructure management, application development and management, business process, robotic process automation, and geographical information services. The company was founded by Rajendra Singh Pawar and Vijay Kumar Thadani on May 13, 1992 and is headquartered in New Delhi, India.
Coforge Ltd Price Action.Coforge Ltd form Inverse H&S pattern on chart, Neck line is placed near 5878 near. As per chart it is showing bullish reversal ice land pattern.
It can long for target 6363+ soon
COFORGE high potencialNSE:COFORGE
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
invest
Coforge Fishing at the Dip , midcap it coforge took support from the long term trend , bounce back may happen
COFORGE moving into supply zone short termStock has rallied good in the recent month and started making zigzag zone and at the same time struggled to make a higher high indicating signs of weakness , the rising wedge and a rounding bottom within it supplementing the weakness bias . Momentum indicators signalling diversion and
COFORGE Long Term Trendline BrokenAs we can see on a daily time frame of COFORGE it has broken a long term support trendline and weakness in nasdaq can lead indian it stocks down so expecting decent downside in this script.
Coforge technical AnalysisHello everyone👏
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Coforge is in sell on rise currently
In monthly chart
*** bearish candlestick
*** momentum downward
*** price is above all ma
*** since few months price rejected f
Coforge AnalysisWith 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
Coforge Hourly Cup n Handle. TCoforge ready for a cup n handle breakout. 621 points upside from here.
This is an personal educational view, im not a sebi registered advisor. Pls do your due diligence before investing.
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Frequently Asked Questions
The current price of COFORGE is 5104.40 INR — it has decreased by 1.97% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange COFORGE LTD stocks are traded under the ticker COFORGE.
COFORGE LTD is going to release the next earnings report on May 3, 2024. Keep track of upcoming events with our Earnings Calendar.
COFORGE stock is 2.28% volatile and has beta coefficient of 1.52. Check out the list of the most volatile stocks — is COFORGE LTD there?
One year price forecast for COFORGE LTD has a max estimate of 7650.00 INR and a min estimate of 4000.00 INR.
COFORGE earnings for the last quarter are 29.60 INR whereas the estimation was 33.27 INR which accounts for −11.04% surprise. Estimated earnings for the next quarter are 39.55 INR. See more details about COFORGE LTD earnings.
COFORGE LTD revenue for the last quarter amounts to 22.76 B INR despite the estimated figure of 22.91 B INR. In the next quarter revenue is expected to reach 23.38 B INR.
Yes, you can track COFORGE LTD financials in yearly and quarterly reports right on TradingView.
COFORGE stock has fallen by 10.21% compared to the previous week, the month change is a 8.44% fall, over the last year COFORGE LTD has showed a 30.21% increase.
COFORGE net income for the last quarter is 2.38 B INR, while the quarter before that showed 1.81 B INR of net income which accounts for 31.49% change. Track more COFORGE LTD financial stats to get the full picture.
Today COFORGE LTD has the market capitalization of 322.22 B, it has increased by 2.25% over the last week.
COFORGE LTD dividend yield was 1.68% in 2022, and payout ratio reached 56.25%. The year before the numbers were 1.17% and 47.70% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, COFORGE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade COFORGE LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 13.47 K employees. See our rating of the largest employees — is COFORGE LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So COFORGE LTD technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating COFORGE LTD stock shows the buy signal. See more of COFORGE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on COFORGE LTD future price: according to them, COFORGE price has a max estimate of 7650.00 INR and a min estimate of 4000.00 INR. Read a more detailed COFORGE LTD forecast: see what analysts think of COFORGE LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. COFORGE LTD EBITDA is 13.00 B INR, and current EBITDA margin is 16.40%. See more stats in COFORGE LTD financial statements.