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BSOFT

BSOFT Projection based on ElliotWaves Theory - MultibaggerBirla Soft Projection based on Elliot Waves theory comes to 1500+ in Next 2 years. Based on EW theory we have seen Wave 1-2-3-4 Completion. Wave 3 was very Impulsive where stock has given > 11x times ROI in 23 Months. Now that Wave 4th is Completed we can see start of Wave 5 with Targets coming 6x-7x time LTP. It can be a Multibagger for coming 2-3 Years. So Be Invested for Handsome ROI. Happy Investing to My Friends & Followers. I will Publish Video Explaining same on my Youtube channel on coming Saturday.
NSE:BSOFTLong
by JITU_210
"BSOFT" Trending UP NSE:BSOFT with stronger trend reversal. if it gains +ve on the next opening day. Target 1 = INR 97.50 Target 2 = INR 101.55 Stop Loss = INR 93.65 The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved. Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
NSE:BSOFTLong
by finogent
Bsoft -Breakout of triangle pattern - either upside or downsideBirlasoft has been trading in a parallel downtrend channel since May 2022. downtrend channel broke out on 1st December 2022. I'm happy to say that our analysis, which was done on November 13, 2022, correctly predicted the end of the downtrend. If we look at the weekly time frame, we can see that the "wave volume divergence" indicator has given a hidden bullish divergence signal, and if we look at the daily time frame, we can see that selling volume is decreasing. Birlasoft has formed a triangle pattern and the stock is currently trading at a very strong zone. If the triangle pattern breaks to the upside, a bull rally may occur. If it breaks to the downside, we could see a down move, but the likelihood of down move is very low. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you.
NSE:BSOFTLong
by AfnanTAjuddin
2
BSOFT Buy opportunity Intrady or Possible Swing Trade OUR ANALYSIS, WHICH WE DID ON NOVEMBER 23, WAS ACCURATE; AS WE EXPECTED, BSOFT MOVED UPWORD VERY SHARPLY AROUND 18% FROM DEMAND ZONES. We now have another buying opportunity on Bsoft as a retest of the breakout after a month. again This trade will have a low risk and high reward. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you.
NSE:BSOFTLong
by AfnanTAjuddin
Is buyer getting control around the support zone? - BSOFTAlthough 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 good results. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you.
NSE:BSOFTLong
by AfnanTAjuddin
2
BIRLASOFT BIRLASOFT:- it is currently trading near to its weekly and monthly support levels. if break the resistance go for long.... the stock are also very strong and have released recently good results... Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:BSOFTLong
by AjayDhakad_Keep_it_simple
2
Birla Soft - Possible Breakout scenarioKey highlights: ⚡️ Market structure may soon shift. ⚡️ Wyckoff accumulation schematic but not a clean one. ⚡️ Volume expansion in the last few days. ⚡️ Attempting to push towards the range high. ⚡️ If it manages to sustain above 355, expect it to move towards 400. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:BSOFTLong
by johntradingwick
BSOFT is 45% below its all time high - Buy Low Sell HighAccording to Mr. Peter Lynch's strategy , when a stock is trading below its recent / all time high but is producing its highest ever income, that its a good place to buy low, and then sell high. NSE:BSOFT is a small cap scrip trading at Rs.318.3 which is 45% below its all time high Rs.585.85. Revenue is growing, income is growing, dept to asset ratio is less, PE ratio less than sector's, so fundamentally & financially strong. Price fall might be because FIIs are booking profit in this scrip, from Jan 2022. Which is affecting all IT stocks, especially small caps. Since NSE:NIFTYSMLCAP50 index need 23% rally to meet its all time high, there is a high possibility of these strong small caps to rally too. So it would be a better entry price to hold till this rally. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call.
NSE:BSOFT
by samplespaz
Descending Triangle PatternDescending Triangle Pattern: Descending triangles have a falling upper trendline as a result of distribution and are always considered bearish signals. Target:-Most traders look to initiate a short position following a high volume breakdown from lower trend line support in a descending triangle chart pattern. In general, the price target for the chart pattern is equal to the entry price minus the vertical height between the two trend lines at the time of the breakdown. CMP 406 T1/2/3 340/280/210 SL-425 Breakout AT 395 Below
NSE:BSOFTShort
by sumangalroofings
2
Simple Trade Setup | BIRLA SOFT | 11-04-2022 [INTRADAY]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. ------------------------------------- Trade Setup for 11-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Also note some of levels such as bonus and ultimate levels are far from current price, this can be achieved in coming days if not achieved in intraday big moves. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BSOFT
by Trading_hawk