BIRLASOFT INDIA ANALYSIS 24 MAY 24
Bullish
Pattern : Broadening wedge
INVESTMENT TYPE : SHORT TERM (3-12 MONTHS)
ROI % : 35%-57%
Cmp: 616
i believe that this stock will follow two paths to reach price level of 861.15 paths and levels you can check in chart.
the stock had traveled from 249.50 to 856.00 and it gave 258% to investors , bull rally is exhausted now peoples are doing profit booking . wait for price to come down till 495-564 entry zone .
this analysis is for educational purpose only .
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

Disclaimer