Coforge technical analysis

According to the latest Pivot data, Coforge’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1521.4, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1547.6, ₹1586.8, and ₹1613, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1482.2, ₹1456, and ₹1416.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Coforge’s price movement.