WOW, BIRLASOFT GOOD FOR SWING.Let's have a good returns.
NSE:BSOFT Birlasoft is showing bullish divergence on daily time frame. Go for Long from here. Current Price: 469 rs Good Entry Point: If close above 462 rs Target: 505 rs (1st) - 570 rs (2nd) Stop Loss: 438 rs Probability: Positive for Long position Risk Reward Ratio: 1:4 Please share with your family and friend if you like the idea to go long. This...
The stock is moving steadly .The RSI is above 60 and it is expected to reach the targets shown on chart soon.
NSE:BSOFT if find perfect reversal then only short for swing. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On...
BIRLASOFT as per daily chart analysis stock above 571 level for a target 580 level.
BIRLASOFT emerged out of 22 weeks of consolidation. The stock has consistently remained above weekly 30 ema. This ensures the stock is strong. When the stock breaches the 30 weekly EMA, then we need to be cautious. Currently, RSI around 70 and in upward trajectory denotes positive momentum Also, important point to note: RSI has very rarely breached 60 with...
Birla soft at earlier high can be bought at 510 with SL at 490 i.e. earlier resistance. I am looking for 550 as initial targets.
On a Daily Time frame, the stock is stucked in a channel. The Chart levels are self explanatory, once a stock comes out of a channel, a rally of 8-10% can be seen. Target 502+ SL: 366 (CB) With Q2 results coming up, good momentum is expected.
BSOFT cmp 475 after long consolidation bsoft gave vcp breakout on hourly tf yesterday 16 nov today gave stage breakout on 17nov with wide range bar candle. support at 440
BSOFT 1 D time frame - Good move is expected in this IT stock. Can go for short term if a good candle settle above the marked zone. Previously it was consolidating in tight range. NOTE- We are not SEBI registered. This is only for educational purpose. Please consult your advisor before making any trade or investment.
Short Below 455 SL 501 Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
This pattern looks like copied from some technical books. :) Can go long with current price with SL below the Red line (397)
Bsoft long Rising wedge chart formation Buy above-414 SL- 388 Target- 444, 465 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
This IT small cap near debt free stock has broken out from a long consolidation with huge volumes. A low of candle below moving average can be positional stop loss on daily. The momentum is bullish, trend is bullish with rising strength ,sector is bullish.Bollinger bands expansion also shows the breakout.
Birlasoft always consolidate and given 30% moves in very less time Now I feel consolidation is done. Above 440 closing basis stock can go higher Initial Targets : 550 - 600 Medium term
The stock is coming out of consolidation over 2 months and is expected to reach the targets shown on chart soon!!
I am already long but the trade can be risky at market levels. Keep strict SL if taking a trade! Any comments feel free to comment.
In Daily TF we can see a parallel channel and in 1 hour TF it is forming a triangle pattern. We can enter after Triangle pattern for 4-5% returns