COFORGE - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 4.2

📊 Technical & Momentum Overview

✅ Bullish Indicators

MACD (16.5): Strong positive crossover, confirming momentum.

RSI (63.1): Neutral-bullish zone, tradable with room before overbought.

Price Action: Trading above both 50 DMA (₹1,742) and 200 DMA (₹1,653), confirming short-term and medium-term strength.

Volume Surge: Current volume is ~82% higher than 1-week average—strong institutional participation.

DII Inflow (+2.39%): Domestic institutions accumulating.

⚠️ Watchouts

P/E (102) vs Industry PE (30.0): Extremely overvalued.

PEG (-14.0): Negative PEG suggests unreliable growth valuation.

FII Outflow (-2.79%): Foreign investors exiting.

ROCE (13.9%) & ROE (11.3%): Moderate efficiency.

EPS (₹17.9): Low earnings base relative to price.

📈 Fundamental Snapshot

Qtr Profit Growth (+85.6%): Strong earnings momentum.

Debt-to-Equity (0.10): Low leverage—adds margin of safety.

52W Index (78%): Strong relative performance, trending toward yearly high.

🎯 Optimal Entry Price

Buy Zone: ₹1,765–₹1,780 (near 50 DMA and breakout base)

Momentum Entry: ₹1,830–₹1,845 if RSI crosses 65 and MACD remains strong

🚪 Exit Strategy (If Already Holding)

Target Exit: ₹1,980–₹2,005 (near 52W high and resistance zone)

Stop Loss: ₹1,710 (below 50 DMA and volume support)

Exit Trigger: RSI > 70 or MACD flattens

Selva, COFORGE is riding a momentum wave with strong volume and domestic support, but valuation is stretched. If you're building a tech basket, this could be a tactical inclusion with tight risk controls. Want help scripting alerts for RSI breakout or MACD reversal?

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