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Coforge closed the previous week on a negative note losing 7.56%.Technically, Coforge share price will see immediate support at 5,007.10 and immediate resistance would be seen at 5,406.85.
If Coforge share price closes below immediate support of 5,007.10, then sharp breakdown can be seen. Coforge share price will see major support at 4,746.30 for the week.
On the positive side, immediate resistance will be seen at 5,406.85. Closing above 5,406.85, Coforge share price will see a sharp breakout. Major resistance for Coforge share price will be seen at 5,545.80 for the week.
Trading range for Coforge share price for this week should be between 4,607.35 on down side and 5,806.60 on up side.
Coforge Previous Week High: 5285
Coforge Previous Week Low: 4885.25
Coforge Previous Week Range: 399.75 Points
Coforge share price support and resistance for the week (August 14, 2023 – August 18, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 5,806.60 |
| Resistance 2 | 5,545.80 |
| Resistance 1 | 5,406.85 |
| Support 1 | 5,007.10 |
| Support 2 | 4,746.30 |
| Support 3 | 4,607.35 |
