Birlasoft , a leading IT solutions provider, presents a swing trading opportunity based on its current technical indicators. Reasons are listed below : 600 Zone as a Strong Support : The 600 level has been a significant support zone for Birlasoft, acting as a key level where buyers have stepped in to support the price. Hammer Candle on Weekly Timeframe : The...
Birlasoft , a leading global IT services company, is showing technical signals that suggest a promising swing trading opportunity. Reasons are listed below : 720 Resistance Zone Breakout : The 720 level has been a significant resistance zone, and the price has recently broken out above this level decisively, indicating strong bullish momentum. Bullish...
Daily Time Frame: Overview & Observation: 1. Clean price action. 2. Moving after retest. 3. Reversing after support formation 4. RRR is favourable. 5. IT sector is currently underperforming once the sector starts reviving this stock should blast. Trade Plan: 1. ENTRY = 642 2. SL = 10% (577) 3. TARGET = 1:3,1:4,1:5 - Stay tuned for further insights, updates...
NSE:BSOFT New Management under Angan Guha seems to have a very positive impact upon #Birlasoft ✅Bsoft✅ Base completion in process Wait for breakout out of base Volume with price is the key Key is add to winner and don't let go disc: Invested , Education purpose Only
Daily chart, the stock is trading in an expanding triangle with a tendency to cross the resistance. After crossing (at around 783), the target will be 930, extending to 1099 Technical indicator RSI is positive Support A line should be considered for a stop loss level. Below support line A, the stock will have higher tendency to test support B.
Birlasoft bullish with good vol breakout .. short term investment till 500-600 and long term target 1500-1800. like and follow if helpful...i will be posting more long term stocks for investments. tq.
Birlasoft, good results. May rally upto 311 in short term. For Study purpose only.
BSoft and nifty it in WDZ... Further it would move up.. This is for information only.. Trade according to your risk management.
Birlasoft- We could see by Fib retracement, it is available at the 50% level which means it fall around 50%. Now its the time to bounce back and the expected target will be 440+. Disc- Only for learning Purpose and not a trading recommendation. Please do your own analyses also.
Birlasoft is a potential breakdown candidate. Keep it on your radar! #birlasoft
BIRLASOFT (INDIA) - BSOFT is tested the trendline and formed a triangle...triangle is breaked up yesterday (23.06.2022) and hammer candle is formed we can go LONG (BUY)...stoploss at ₹342 and target at upper trendline
Birlasoft (NSE: BSOFT) is trading above its inverse head and shoulders pattern neckline. Going by previous days' volume, deliveries and price actions and as well as indicators like RSI and its price movement and strength today in comparison to NIFTY IT and the NIFTY 50, It is most probably going to breakout from the pattern and sustain its upward move in the...
I talk about how the major indices are placed on a weekly level and discuss the top performers and top losers of last week. Curious to hear your thoughts as well!
A Clear breakout of the consolidation zone in BSOFT with Rising Volumes. The stock is well above it's 20,50 and 100 SMA which also confirms bullish outlook. MFI is also in a bullish mode and stock can see an upside towards 510-525 levels in the coming days. IT Sector can also act as Hedge against Nifty.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near swing high.
Hidden Gem of IT Sector... My Motabhai's (Big Brother's) favourite long term horse....
If you look at Gann and trend change dates, BirlaSoft is now moving up for 20% gain in few weeks or days. Are you ready for this idea? Follow me for more ideas like these. What are we talking about:- New trend change Perfect time value to buy or enter Target 20% profit from here
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