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Coforge technical analysis

NSE: COFORGEBSE: 532541IT - SoftwareMid Cap

Formerly NIIT Technologies
Last close ₹1,900.50down ₹8.30 (0.43%)BSE ₹1,900.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,908.80.

52-week range of traded prices to 23 Oct 2026
₹1,008.10Low, 17 Mar 2026₹2,021.20High, 31 Aug 2026
Market cap
₹84,199 Cr200th largest listed
P/E
48.1
P/E without one-offs
42.0
P/B
Mergernew accounts awaited
Dividend yield
0.63%
Volume, NSE
35,41,63643.9% delivered

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 23 Oct 2026.Coforge share price history

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 6 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 23 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹1,927.44−1.4%
10 days₹1,914.30−0.7%₹1,904.76−0.2%
20 days₹1,856.06+2.4%₹1,880.74+1.1%
30 days₹1,840.71+3.2%
50 days₹1,863.23+2.0%₹1,825.30+4.1%
100 days₹1,697.71+11.9%₹1,728.94+9.9%
150 days₹1,549.38+22.7%
200 days₹1,531.88+24.1%₹1,675.05+13.5%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
51Above, 10 Aug 2026 at ₹1,810.00
200-day average, 20-session change
+0.2%
Sessions above the 200-day average
114of the last 250
Closes above the 20-day average
73%of the last 60 sessions
Volume-weighted average, 20 days
₹1,866.23
Hull moving average, 9 days
₹1,923.65
Ichimoku base line, 26 sessions
₹1,854.70

RSI, MACD and other oscillators

Adjusted prices, to 23 Oct 2026.

  • RSI, 14 days54.5
  • Money flow index, 14 days60.6
  • Stochastic %K53.7
  • Stochastic %D70.1
  • Stochastic RSI33.2
  • Williams %R, 14 days−46.3
  • Ultimate oscillator35.2
  • ADX, 14 days17.0
  • Positive directional indicator15.1
  • Negative directional indicator15.0
MACD line
28.19In rupees
MACD signal line
21.88In rupees
MACD histogram
6.31In rupees
Awesome oscillator
83.50In rupees
Momentum, 10 sessions
86.20In rupees
Bull bear power, 13 days
90.25In rupees
Commodity channel index, 20 days
76.2No fixed range
Rate of change, 21 sessions
+5.4%Change in the close
Rate of change, 125 sessions
+55.7%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 23 Oct 2026.

Bollinger bands today

Close ₹1,900.50
Lower band₹1,718.3420-day average₹1,856.06Upper band₹1,993.78
Twice the spread of the last 20 closes either side of their average.
Average true range
₹62.99In rupees, 14 days
Average true range, % of price
3.31%Of the close
Volatility, 20 days
30.6%A year
Volatility, 30 days
34.0%A year
Volatility, 60 days
31.0%A year
Bollinger band width
14.8%Of the 20-day average
  • 30-day volatility, place in its year39%
  • Band width, place in its year46%
  • 21-session change, place in its year60%

Beta, highs and deepest falls

Against the Nifty 500, to 23 Oct 2026.Coforge PE ratio and valuation

Beta against the Nifty 500

  • 1 month0.70
  • 3 months1.26
  • 1 year0.96
  • 3 years1.01
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−45.7%
  • 3 years5 Dec 2025 to 17 Mar 2026; Nifty 500 −9.1% over the same days−45.7%
  • 5 years4 Jan 2022 to 14 Jun 2022; Nifty 500 −12.6% over the same days−47.0%
Highest close since Jan 2007
₹2,014.6028 Aug 2026, 56 days before 23 Oct 2026
Correlation, 1 year
0.36
Correlation, 3 years
0.40

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 23 Oct 2026.

Volume against the 50-session average

  • Latest day1.53×
  • Latest week1.08×
  • Latest month0.79×
1×: a usual session
Volume on rising days
54%of the last 20 sessions' volume
Volume trend, 20 sessions
−15.3%
Delivery against usual
−0.5
Delivery, last 5 sessions
46.7%
Delivery, last 21 sessions
44.5%
Impact cost
0.03%

Delivery, last 10 sessions

  • 23 Oct43.9%
  • 22 Oct53.7%
  • 21 Oct47.1%
  • 19 Oct41.8%
  • 16 Oct42.5%
  • 15 Oct50.8%
  • 14 Oct52.6%
  • 13 Oct34.7%
  • 12 Oct46.0%
  • 9 Oct35.9%
+44.5%: the last 21 sessions together
  • Jul28TueLargest moveup 10.31%
  • Jun3WedLargest movedown 6.49%
  • May6WedBusiest and largest move7.9× usual volumeup 9.55%
  • Feb13FriBusiest5.6× usual volumedown 4.20%
  • Feb12ThuLargest movedown 6.50%
  • Dec29MonBusiest5.0× usual volumeup 0.60%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 23 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹2,067.67
R2₹2,030.03
R1₹1,965.27
Pivot₹1,927.63
S1₹1,862.87
S2₹1,825.23
S3₹1,760.47
Close ₹1,900.50
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹2,067.67₹2,054.10₹1,928.66₹2,030.03–
Resistance 2 (R2)₹2,030.03₹2,023.25₹1,919.27₹1,990.92–
Resistance 1 (R1)₹1,965.27₹1,951.70₹1,909.89₹1,966.75₹1,946.45
Pivot point₹1,927.63₹1,920.85₹1,927.63₹1,927.63₹1,918.23
Support 1 (S1)₹1,862.87₹1,849.30₹1,891.11₹1,888.52₹1,844.05
Support 2 (S2)₹1,825.23₹1,818.45₹1,881.73₹1,864.35–
Support 3 (S3)₹1,760.47₹1,746.90₹1,872.34₹1,825.23–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 23 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
Best month May 2026, +18.9%; worst Feb 2026, −28.3%.

Last 10 years, per cent

  • Return
  • Loss
Best year to Dec 2021, +117.7%; worst to Dec 2022, −34.1%.
Low to highLatest close ₹1,900.50
WindowChange
1 week−2.6%₹1,890.00₹1,992.40
1 month+6.6%₹1,722.00₹1,992.40
3 months+32.0%₹1,430.00₹2,021.20
6 months+55.7%₹1,136.30₹2,021.20
2 years+25.7%₹1,008.10₹2,021.20
3 years+93.3%₹857.45₹2,021.20
5 years+76.1%₹642.01₹2,021.20
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.

Futures and options

The market-wide position limit on 23 Oct 2026, then the open interest and put-call ratio session by session.

Limit in use24.7%

0%New positions barred above 95%

Position limit
5,23,34,145
Open positions
1,29,32,526
Room for the next session
3,67,84,912
Days banned, last year
0Of the last 247 trading days
Futures open interest
1,27,71,800Shares, 23 Oct 2026
Put-call ratio
0.59On open interest, 23 Oct 2026

Futures open interest, shares

  • Futures open interest

Put-call ratio on open interest

  • Put-call ratio