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 ₹1781.53, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1805.16, ₹1837.53, and ₹1861.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1749.16, ₹1725.53, and ₹1693.16, 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.