Level and target well mentioned in the chart itself Buy on sustained breakout above 280 for Target (320-325) NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis THANKS
- Fundamentally good stock - Cup and Handle pattern breakout - Entry can be made at 2500 if the stock shows bullishness with volumes - Handle breakout supported by volumes
Birla Soft is very good and strong fundamentally. On charts its looking ready for good moves. But market sentiments are important. Will initiate trade once resistance are broken with good volumes. Keep watching. R1=272 R2=284. ##Always do self analysis before you trade. Profit is yours and so is your loss. ##
Daily Chart Pattern Breakout Candidate Positive Volume Buildup Can give good 10% - 20 % gain PROS Company is almost debt free. Company has been maintaining a healthy dividend payout of 20.53% Debtor days have improved from 104.84 to 82.09 days. CONS The company has delivered a poor sales growth of 1.94% over past five years I am not a SEBI registered...
1. We started with Daily chart to find the bias (buy/sell) & we found it is an uptrend move with price at trendline. 2. We changed to 4H and 2H chart frame to check any king of buyer's entry or green candle forming. (Able to spot 2 green candles) 3. We changed back to Hourly and later 30 Min chart to mark the key zones in short-term basis. ------- The company is...
will buy above 203 though it will be safe above 220. but here Sl will be small which is 192 DCB Target 220 and if crosses than 245, 255
birlasoft are very bullish because break 199 level & sustain above 199 with stoploss 191 target-220 MACD & RSI are also positive
breakout above 200 200 big resistance after breakout 209 first resistance 185 stoploss
Education Only. T1 205,210,215 SL 186 CMP 200 Buy Till 192
Birla soft broke its narrow range (by making symmetric triangle) and its long term (2 yrs) resistance (174) in previous day session with good volume, this is its second attempt to break this level. Its a good and safe buy above 188 if sustained for new highs WSL 175. If retraces back to 176-174 and makes a good bullish candle then its the best scenario to buy this counter.