birlasofty has breakout expect upside towards 380 / 490 in shorterm
HEY GUYS, BIRLASOFT stock was following a pattern i.e FALLING WEDGE PATTERN now , this stock has crossed that pattern and it is showing clear BULLISH SIGNS. as you can see, a 12% increase in a single week and volume is also very high, this shows that people are really interested in this stock. Therefore, you can also trade in this stock and earn high...
Although the price of Birlasoft stock is clearly falling, it is currently trading near to its weekly and monthly support levels. The weekly and monthly support zones are where the stock is most likely to find solid support, and it is also where it is most likely to climb upward from. The fundamentals of the stock are also very strong and have released recently...
Birlasoft consolidating at tight range in box at support area or demand area with white marubozu candle close on Friday with huge upside potential so keep on radar this week.
If stock come again 272/265 for retest then consider - Bullish Harmonic bat PATTERN - Rsi divergence on daily time frame - stock correct 50% from top Also stock currently trade on support - For swing target 10-13% sl 5% Long term target 40/50% sl 20%
Hello Everyone, Yesterday, I shared NIFTY IT chart which looked bearish and today, everyone had seen the fall. TCS has new 52 week low. I am sharing one of the IT Stocks today as well which has bigger chances of falling down in the upcoming days. "BIRLASOFT" If you look at the daily timeframe of this stock, clearly you can see CUP&HANDLE Pattern. Bearish...
Birlasoft looking strong on daily chart breaking falling resistance trendline and giving positive signals on relative strength indicator (RSI) :-Cause of long 1- Falling trend breakout 2- Positive divergence on Rsi
NSE:PVR 1) TV18 Broadcast For up side move breakout of 38.50 is needed otherwise downtrend will continue. 2) IDBI BANK This is for a bit mid to long term positional trade if it gives sustainable breakout of this box. It is making RSI bullish divergence on 1hr TF. 3) DELTA Corp It is trading in Triangle pattern in 15min TF. Breakout on either...
Is a wedge pattern bullish? Image result for wedge pattern A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall.
Birla Soft has done the ETA of 415 levels which is weekly demand zone, one can take long with position stoploss of 408 NOTE = Consult your financial advisor before any investment decision
Idea to enter long position for Short Term swing traders. Everything is explained in the chart. Happy Trading :)
NSE:BSOFT Observations: 1) On 1day time frame, we can see 480 as immediate support and also see a support channel. As far as it is sustaining above this, it has potential to give up move. Immediate major resistance is at 500. Breakout of it will lead a good up move. Please refer below chart : 1day time frame. ------------------------------------- ...
Birla soft is completing the inverse head and shoulder pattern on daily timeframe and is ready to move towards higher targets of 580 in 3 months.
Birla Soft: Industry: IT Consulting and Software The stock is discounted at 17% from all time high levels. Daily Chart: 1. Formation of Inverted Head and Shoulders Pattern 2. Positive Crossover of 5, 13 Days Exponential Moving Average 3.Target 1 would be Length of shoulder i.e 520 levels 4. Target 2 would be Length of Head i.e all time High levels i.e 580...
Birla Soft with increase in Sales and EPS need to hold levels above Rs480 on a weekly basis to remain long.
Birla Soft On daily Chart Inverted Head & Shoulder formation With Resistance Zone near 481-487 levels Buy above 487 levels for positional targets of 510-535-550-570 Keep Mid term view ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
Birlasoft (India) Ltd - 25.03.2022 The stock is trading @ 465.90 levels The stock has made a DOUBLE TOP @ 486 levels The prices are above EMA There is a ENGULFING BEAR in Daily Charts There is a SHOOTING STAR in Weekly Charts There is a MACD Bearish Divergence in Daily Charts RSI is 53 in Weekly Charts (It will be risky for making a Short Position in this...
Birla soft given breakout from inverse h&s pattern... bias bullish.. buy on dip targets 520+++ views are educational...