SWINGERTRADER1

BIRLASOFT IT SECTOR REVERSAL PATTERN

Long
NSE:BSOFT   BIRLASOFT (INDIA)
stock is retraced more than 25% from its recent high.
now formed a bottom and trading above all-important levels.
if the IT index closes above the 35700 level, then this stock may cross above the 700 level. Once it crosses the level of 700, then the first target is 785 then 850.
stock fundamental is good. jun qtr is always good for this counter.
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