rdkriplani

BirlaSoft - Strength + Volumes

NSE:BSOFT   BIRLASOFT (INDIA)
During the drop of most mid and smallcaps very few stocks have stood out both from a price point and also from high volumes perspective. BirlaSoft is one such stock from the IT pack which continues to outperform.
Long above 505 on a fibo breakout.. Target 580. Keep a SL below 480.

Also relative to the sector is still cheaply valued.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.