COFORGE is trading around ₹1,900, well below its 200‑DMA but marginally above very short‑term averages, indicating a stock in pullback mode within a broader corrective trend. Moving averages give a bearish bias (8 sell vs 4 buy), yet many oscillators like CCI, ADX, Ultimate Oscillator and ROC show “buy/overbought,” reflecting a short‑term bounce from support near ₹1,680–1,700. RSI near 44 and negative MACD suggest upside may face supply around ₹1,720–1,750, with strong resistance closer to ₹1,800–1,820; a sustained close above these would be needed to confirm a stronger reversal, while a break below the pivot zone could resume the downtrend.
BUY : COFORGE30DEC252000CE( COFORGE ) [89074]
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