Stock analysis Coforge Limited COFORGE
More indepth analysis on MunafaSutra.com
Recent prices of COFORGE Coforge Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Wed Apr 2024 | 5201.00 | 5185.05 to 5266.80 | -0.31% | 0.55 times |
| 23 Tue Apr 2024 | 5217.15 | 5110.25 to 5244.00 | 2.3% | 0.7 times |
| 22 Mon Apr 2024 | 5100.05 | 5080.00 to 5184.90 | -0.35% | 0.88 times |
| 19 Fri Apr 2024 | 5118.15 | 5091.05 to 5177.20 | -1.7% | 0.91 times |
| 18 Thu Apr 2024 | 5206.90 | 5175.00 to 5311.00 | -0.06% | 1.41 times |
| 16 Tue Apr 2024 | 5209.90 | 5200.00 to 5354.00 | -3.45% | 1.57 times |
| 15 Mon Apr 2024 | 5396.20 | 5373.90 to 5585.25 | -3.92% | 1.45 times |
| 12 Fri Apr 2024 | 5616.25 | 5600.00 to 5719.50 | -1.51% | 0.86 times |
| 10 Wed Apr 2024 | 5702.45 | 5667.55 to 5734.65 | -0.16% | 0.38 times |
| 09 Tue Apr 2024 | 5711.65 | 5686.40 to 5776.45 | 0.52% | 0.81 times |
| 08 Mon Apr 2024 | 5682.20 | 5602.40 to 5825.00 | -1.74% | 1.04 times |
| 05 Fri Apr 2024 | 5782.90 | 5744.25 to 5841.85 | -0.63% | 0.59 times |
Technical analysis forecast for Coforge Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Coforge Limited COFORGE at this time. Stock is falling and might fall more.
It appears as if Coforge Limited COFORGE gave a large move recently.
Stock of Coforge Limited (COFORGE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Coforge Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Coforge Limited stays below 5261.3, but if it comes above 5261.3, then a intra day buy could be more profitable.
If you take a sell trade below 5261.3, then use 5261.3 as stoploss and 4993.1 as target. However if you take a buy trade in Coforge Limited, then use 5261.3 as stoploss and 5484.78 as target.