Birla Soft IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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BSOFT trade ideas
B SOFT READY TO FLY. (SHORT TERM TARGET 550)BSOFT has today broken its June trade line upwards. Alone with this, a jump in volume can also be seen in the last 1 month. The entire IT SECTOR is at an all time high. That's why BSOFT should do long. Its short term target is 550/560. Above 560 we can get to see a rally upto 600. Also the positional target is 700 to 800 we can get to see in 1 to 2 months.
YOU CAN ALSO TRADE IT WITH OPTION. THAT IS
BSOFT 540CE BUY @7/8 Target is 19/28. IF YOU KEEP IT TILL EXPIRY THEN THIS OPTION CAN ALSO BE 50. (DECEMBER EXPIRY)
I have taken this trade. What is your opinion . Tell me in comment.
BSOFT B @ 550 & TARGET @ 570Dear Traders,
BSOFT B @ 550 & TARGET @ 570
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
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BirlaSoft TechnologiesA 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.
Range forming stock was in range earlier and after breakout gave nice move 42 %
now again same pattern forming with heavy buying seems someone is accumalating heavly
classic darvas box is forming
from last two days volumes are surging up
price is above all The IMportent MA
stock may run next rally above 460. so add 1/4th on breakout and rest on pullback
wit h 5% SL