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...
BOSFT available at a geat price. Clearly broken long term downward channel and started its move up * High BreakOut Volume * Retest Successful * Price in Wholesale area (very close to reversal Weekly zones) * Great Risk/Reward ratio
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...
Birla soft : Rounding Bottom Breakout >> If gap up wait for retracement and try to pick up nr safe entry levels >> Good strength in stock >> Good Volume participation Happy Trading !!!
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...
Key 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....
According 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,...
NSE:BSOFT #NSE:BSOFT symmentrical triangle ready to BO. Marked on chart. Do check my signature column for my details.
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
BSOFT - Analysis done on 2 hours chart. Enter once the trend line is broken and the candle is closed above the trend line. Follow the red line as SL and the yellow line as a target. W- Gartlwy harmonic pattern may form.
BSOFT has given a break down from its range since June 21. The stock has given a close below the entire range and the next targets could be 286 and 220.
Descending 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...
BSOFT - INVERTED HEAD AND SHOULDER BREAKOUT | POTENTIAL 10% Buy above : 495 SL : 474 Target : 543 Risk reward : 1:2 Trade Duration : 15-30 days (If not reached within this i will move out) Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
BIRLA SOFT On Daily chart formed Inverted H&S and give BO Buy at CMP for positional targets of 513, 537 and 570. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
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. ------------------------------------- ...
NSE:BSOFT #NSE:BSOFT trading bullish and given BO on reistance. levels marked for practice. Happy LEarning !!
CMP: 490 Breakout with volume. Looking good. Can be added at CMP.
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c....