BIRLA SOFT BREAKOUTBSOFT trendline breakout with good volume. stoploss and targets are marked on the chart, refer the same.
BSOFT trade ideas
Bsoft( Birla software)Could be good investing opportunity!
Technically strong Co.
Showing good consolidation
IT at boom
Stocking showing strength
ready for break outAfter rally price getting consolidation
same pattren seen in the past also
So on breakout of the box may Get some good move
birla softBsoft is at Fibonacci retracement 0.786 or 78.6% and touches the channel pattern support line.so it is the right time to enter as BULL (buy).so we expected to give good profit. This is for educational purpose. NSE:BSOFT
Bounce off the trend line, 3.25:1, 7%I like to trail SL after gaining profits. Manage risk with position sizing.
birlasoft channel pattern#birlasoft testing lot of patience... waiting for its movement... very good setup in daily and hourly with lowest risk... there should be a movement in a day or two... planning to swing initially and if it breaks out then add up to the position
Birla soft- keep it on radar1.Since the stock is in an uptrend, the probability of a breakout as opposed to breakdown is higher.
3.Further DII's have been increasingly buying Birlasoft as per June-2021 report.
BIRLA SOFT_ High Risk RewardNSE:BSOFT
its an small cap stk. but in strong uptrend.
good High Risk Reward setup.
put SL- 390-392, and enjoy ride if not SL not hit.
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
BIRLA SOFT BOXXXXX OFFICESEE CHART
TGT 477
stop loss according to ur risk appetite
darvas box beautiful and clean
Expecting Range breakout ✌✌✌This scrip is expected to give range breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
short term pickconsolidating for long.... larger volume entered... on good support... more upside movement is possible... will touch 500 soon
Expecting Breakout in 2-3 days ✌✌✌This scrip is expected to give breakout in the coming days as it has formed beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
Breakout from Triangle patternGood set up breakout from triangle. If results will be positive it can go up
BIRLASOFT ANALYSIS BUY : 371 TO 361
TARGET : 585 TO 608
Reason For Buying This Script :
In this script it has broken the rising wedge pattern in monthly time frame.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
