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By EquityPandit

COFORGEMARKET OUTLOOKSTOCK OUTLOOK

Coforge Outlook for the Week (May 06, 2024 – May 10, 2024)

Coforge
Coforge
Coforge closed the previous week on a negative note losing 15.93%.

Technically, Coforge share price will see immediate support at 4,193.43 and immediate resistance would be seen at 5,038.28.

If Coforge share price closes below immediate support of 4,193.43, then sharp breakdown can be seen. Coforge share price will see major support at 3,904.32 for the week.

6200.006200.006000.006000.005800.005800.005600.005600.005400.005400.005200.005200.005000.005000.004800.004800.004600.004600.004400.004400.00Mar 18Mar 18Mar 21Mar 21Mar 27Mar 27Apr 2Apr 2Apr 5Apr 5Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30Reversal Level 4776.42BuySell

On the positive side, immediate resistance will be seen at 5,038.28. Closing above 5,038.28, Coforge share price will see a sharp breakout. Major resistance for Coforge share price will be seen at 5,594.02 for the week.

Trading range for Coforge share price for this week should be between 3,348.58 on down side and 5,883.13 on up side.

Coforge Previous Week High: 5304.9

Coforge Previous Week Low: 4460.05

Coforge Previous Week Range: 844.85 Points

Coforge share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 5,883.13
Resistance 2 5,594.02
Resistance 1 5,038.28
Support 1 4,193.43
Support 2 3,904.32
Support 3 3,348.58
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