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OtherNov 18, 2024 05:08 AM

Stock Radar: Coforge making higher lows for past 6 months; hits fresh record high in November; time to buy?

Coforge Ltd's stock has been soaring, hitting higher highs and lows since May. Experts suggest the rally might continue, with a potential target of Rs 8,450 in the coming weeks. The stock's strength is evident in its consistent upward trend and ability to bounce back from dips. Coforge Ltd, part of the IT industry, has been making higher highs and higher lows since May and chart patterns suggest that the rally may not be over yet.Short term traders can look to buy the stock for a target of Rs 8,450 in the next 2-3 weeks, suggest experts.The IT stock rebounded after making a low of 4,291 in May 2024. It has rallied nearly 90% since then and has rallied more than 30% in the last 3 months.The stock has been making higher

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