Retailer_ki_dost

BIRLA SOFT BREAKOUT, TRADING NEAR ITS ALL TIME HIGH, SWING LONG

Long
NSE:BSOFT   BIRLASOFT (INDIA)
Birla soft broke its narrow range (by making symmetric triangle) and its long term (2 yrs) resistance (174) in previous day session with good volume , this is its second attempt to break this level. Its a good and safe buy above 188 if sustained for new highs WSL 175.
If retraces back to 176-174 and makes a good bullish candle then its the best scenario to buy this counter.
Trade active: Added at 183, TSL at 185. will keep moving slowly

Comments

is it a good buy at 177?
Reply
@nisota, level is good but wait for a good bullish candle on higher tf atleast one hour
+1 Reply
nisota Retailer_ki_dost
@Retailer_ki_dost, thank you will be waiting for such a breakout
+1 Reply
@nisota, I added in my portfolio today, after closing of first 1 hour candle.
Reply
nisota Retailer_ki_dost
@Retailer_ki_dost, i missed this one but did add hindalco and it seems to be in a good momentum rn.
P.S: would BSOFT be a good buy yet?
Reply
@nisota, as long as abv 185 good buy on dips :)
Reply
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