BSOFT Daily Chart suggest Buy ... Correction getting over New Rally about to start on breakout above 352
LTP - 344
SL - 335
Targets - 380+
Timeframe 30 days
BSOFT Hourly Charts shows correction /Consolidation is about to complete & New Leg of upmove to begin soon
LTP - 334
SL - 325
Targets - 375+
Time frame - 3-4 Weeks
Risk Reward Ration is 1:4
Birla 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...
