AhmedMF

AhmedMF Updated 

Birla Soft has been in a downtrend for a long time. If you just observe till April 21 April it was in a down trend. slowly the momentum turned and buying came in as other IT stocks also started doing well. After going up 30% it took a pause in June and now again on 13 July it breaks off. momentum can be seen very strong on 60 M Chart and 15 Min chart as well which...

AhmedMF

After going through a normal upswing took a breather and is now going back up. today at a lower time frame of 15 m it formed an inverted head and should pattern which resembles an end to the downword treand of short duration now it may start going up.