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Majortrendreversal

Birlasoft Limited (BSOFT) – Weekly Technical Outlook Birlasoft Limited (BSOFT) – Weekly Technical Outlook The stock is currently trading near a strong demand zone, aligning closely with the 78.6% Fibonacci retracement of the previous major uptrend. This level historically acts as a critical support, increasing the probability of a technical bounce. Key Technical Factors: 📉 Support Zone: ₹330 – ₹350 (strong base formation) 🔁 Positive Divergence: Visible on RSI, indicating weakening downside momentum 🕯️ Weekly Structure: Formation of a potential bullish engulfing pattern, suggesting early signs of reversal 📊 Volume Behaviour: Stabilizing near support, hinting at accumulation Trade Setup: Buy Zone: ₹350 – ₹370 Target (Short to Medium Term): ₹450 Stop Loss: Below ₹320 (closing basis) View: The confluence of Fibonacci support + RSI divergence + bullish candle formation strengthens the case for a technical pullback rally. A sustained move above ₹400 can further accelerate upside momentum toward ₹450 levels.
NSE:BSOFTLong
by tradetechnicalanalyst
MAJOR TREND LINE SUPPORT AREA !Stock is at its major trend line as clearly seen in the chart. Look for strong candlestick reversal pattern on daily time frame or wait for small uptrend formation. This can prove to be a great risk to reward ratio trade with RR minimum 1:4. Trade only for positional/swing. Target can be 5% , 10% and 15% as per holding capacity duration. This chart analysis was done by me only for better learning , consult your financial advisor before taking any trades.
NSE:MANAPPURAMLong
by deswingmaster
Just Dial: Buy @ CMP 365.50, SL 310, Target 400, 527, 618....Just dial is a classic case of a developing major trend reversal. There is no clear traditional evidence of reversal on longer frame charts but on the weekly basis, it's showing clear signs of reversal. Since all this is happening near to the previous bottom, this weekly reversal becomes more significant. This is a medium term aggressive trade but with the lucrative risk reward. One needs to analyze this trade at every major pivot.
NSE:JUSTDIALLong
by rahulundefined