Coforge Potential for Further Upside Post-Breakout
Coforge has broken out of its symmetrical triangle pattern and is consolidating near 7100, indicating strength in the current uptrend. The stock is holding above its 50-day EMA, showing sustained bullish momentum. RSI remains around 67, suggesting more room for upside. Traders should watch for a move above 7300 which could trigger the next leg up.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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