Coforge is building one of those structures where the longer resistance survives the more important the eventual breakout becomes. The 1980-2020 zone has rejected price repeatedly since Dec 2024 with fresh attempts in Jul 2025, Dec 2025 and again Aug 2026. But every rejection has failed to destroy the larger uptrend. The rising support that started around Jun 2022 has continued to attract buyers with major reversals around Mar 2023, May 2024 and most recently Mar 2026. That last reversal from nearly 1000 was especially powerful as price almost doubled within months and returned straight back to the same 2000 supply zone. This tells us buyers are still willing to accumulate aggressively on deeper corrections while sellers are concentrated around one clearly visible ceiling. Even the business momentum shown on the chart is supporting the structure with strong sales growth across recent quarters.
Now the entire focus is on 2000. Four major reactions from almost the same zone have created a huge pool of liquidity above these highs. Every rejection also attracts fresh shorts and convinces traders that 2000 cannot be crossed. That psychology is exactly what can make the eventual breakout explosive. A strong weekly close and sustain above 2000-2020 can absorb the remaining supply, trap sellers and push the stock into price discovery with very little historical resistance overhead. The first expansion can quickly take price towards 2200-2300 and if momentum continues the larger move can extend much further. Coforge has spent nearly two years repeatedly attacking the same ceiling while maintaining its long-term rising structure. One clean breakout can finally convert this massive resistance into the launch point for the next bullish cycle.
Now the entire focus is on 2000. Four major reactions from almost the same zone have created a huge pool of liquidity above these highs. Every rejection also attracts fresh shorts and convinces traders that 2000 cannot be crossed. That psychology is exactly what can make the eventual breakout explosive. A strong weekly close and sustain above 2000-2020 can absorb the remaining supply, trap sellers and push the stock into price discovery with very little historical resistance overhead. The first expansion can quickly take price towards 2200-2300 and if momentum continues the larger move can extend much further. Coforge has spent nearly two years repeatedly attacking the same ceiling while maintaining its long-term rising structure. One clean breakout can finally convert this massive resistance into the launch point for the next bullish cycle.
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