Coforge Share Price Crashes Following Q1 Results Announcement
Coforge Ltd (NSE: COFORGE), a prominent mid-cap IT services firm, Recently their quarterly result has been showcased and their strong revenue growth is visible and they have also won big deals, that is why a lot of investors are investing in this, so we will check whether the trade can be made for us for intraday and swing trade, Let’s know the complete details in this Coforge Share Price Crashes Following Q1 Results Announcement
article.
Results Announcement Headlines for Coforge Q1 FY26
- Coforge Declares Q1 FY26 Results: Revenue Up 56%, Margins Under Pressure
- Coforge Q1 Results Out: PAT Rises 21%, EBIT Margin Misses Estimates
- Coforge Reports Strong Q1 Revenue Growth; Profit Below Street Expectations
- Q1 FY26 Earnings: Coforge Posts ₹3,689 Cr Revenue, ₹317 Cr Profit
- Coforge’s Q1 Net Profit Jumps 138% YoY; Market Reacts to Margin Concerns
- Coforge Announces Q1 Results: $507 Mn in Deal Wins, EBIT Margin at 11.3%
- Coforge Declares Q1 Results with 9.6% Sequential USD Growth
- Q1 Earnings Snapshot: Coforge Misses Profit Estimates, Stock Slides
- Coforge Q1 FY26 Results: Strong Topline, Margin Miss Triggers Stock Fall
- Coforge’s Q1 Numbers Disappoint on Margins Despite Strong Deal Pipeline
What Does Technical Analysis say?
I have shared a Coforge Share Price chart with you, if you look at the chart carefully, one resistance line and two support lines have been hit, as if the resistance has been broken and support has been made and Prince is coming, what will be the fast target and what will be the second target, that has also been marked
- If you look at the chart, a great price action is following. I feel that the price will definitely hit the first fast target and the second target.
- If you notice one thing in the chat, the price is trading inside a box, first it took support, then hit resistance, then came down, took support, then hit resistance, now after hitting the resistance, it is running fast towards the support, catch it,
Coforge Share Price Support & Resistance Zones:
Resistance Zone:
- Price: ₹1,950 – ₹2,000
- Comment: This was a strong supply zone where price previously faced rejection twice.
Support Zones (Marked with Blue Boxes):
- 1st Support (Target 1):
- Zone: ₹1,470 – ₹1,520
- Label: “1st Target”
- Significance: Price had consolidated here before the breakout; likely to act as near-term support.
2. 2nd Support (Target 2):
- Zone: ₹1,150 – ₹1,220
- Label: “2nd Target”
- Significance: This is a major historical support zone where the previous rally started.
Disclaimer :
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