BIRLA SOFT is set to give 20-25% return
Duration: 3-4 Months
Targets: 950
Entry Above: 765-780
Do not Take Entry below 718 ( As a Big Trendline Breakout happens & stock will go in Lower Lowes levels)
WEEKLY TF ANALYSIS
Showing good upward trend with a certain pattern and crossing 586 level which was previous high. If stock sustain above 586 then we might see another good upward move.
E-585
TGT-645
SL-535
(Support-560)
Rounding Bottom is a reversal chart pattern. This pattern is an indication of the end of the downtrend and the potential beginning of an uptrend. Price and volume are considered key indicators for identifying and confirming this pattern.
The rounding bottom pattern can last for any time frame including days, weeks, months, or years with longer time frames....
NSE:BSOFT
✅ #BSOFT trading above Resistance of 790
✅ Next Resistance is at 974
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Bsoft has potential for upward movement in near future (12 months period). Still entry is yet to come, but my view is bullish.
Only for educational purpose. Learn!!!!
All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
NSE:BSOFT Good Buying Zone:
1: BIRLASOFT at current market price of 340
OR
2: If found near to 200MA @295-300
Stop Loss:
Put the SL between 295 or 300
Targets:
380/440/500/550+++++
Reasons to buy BIRLASOFT:
1: Good support from the bottom of @270
2: Double Bottom formation and breakout.
3: Long term trend line breakout.
4:...
Birlasoft is very strong at the moment. Breakout and have follow up candles.
In the recent fall, IT stocks are holding strong at the moment.
follow the levels for PriceAction.
Targets are in Charts
Bsoft has made a cup & handle formation. With other parameters in place and retest completed, Bsoft is looking forward to a price of 790. Other parameters:
1. Volume increasing
2. RSI moving up
3. Cup & Handle retest done
4. Highest TTM Sales, Second highest TTM Profits, Borrowing has been reduced substantially.
"Clean Charts, Easy Charts"
Learning &...
Trendline is broken and retracement is also completed.
smallcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
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. more than that " BSOFT "is fundamentally good
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.refer our old idea attached below
