Birla Soft, Strong on charts.
Updated
Birla Soft is very good and strong fundamentally.
On charts its looking ready for good moves.
But market sentiments are important.
Will initiate trade once resistance are broken with good volumes.
Keep watching.
R1=272
R2=284.
##Always do self analysis before you trade. Profit is yours and so is your loss. ##
On charts its looking ready for good moves.
But market sentiments are important.
Will initiate trade once resistance are broken with good volumes.
Keep watching.
R1=272
R2=284.
##Always do self analysis before you trade. Profit is yours and so is your loss. ##
Note
It has broken support line. But I am not convinced by this breakdown. Not going short for now.
Note
Gapped up 11%. Obviously, can't trade in such big gap up.
Keeping an eye to retest breakout and then trade.
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