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Anam0927

Major Resistance Breakout - Birla Software

Long
BIRLASOFT (INDIA) (NSE:BSOFT)  
Anam0927 Updated   
NSE:BSOFT   BIRLASOFT (INDIA)
Support and Resistance Parallel Channel Multiple Time Frame Analysis nse nseindia BSOFT resistancebroken breakouttrading breakout positional
3
0
supportandresistance parallelchannel mtfa nse nseindia bsoft resistancebroken breakouttrading breakout positional
Major Resistance Breakout seen in BSOFT with high volume.
Buy only if the high of the breakout candle is broken.
Target a 1:1 ratio first. Then, if you want, you can keep 25% of your position for 1:1.5 target.

  • Buy levels: 181-183
  • Stop Loss: 149.3
  • First Target: 212
  • Second Target: 227
Trade active
Comment:
Change SL to 168.2
Comment:
Corrections: Change SL to 166
Trade closed: stop reached
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