BSOFT trade ideas
BSOFT: Near BreakoutNSE:BSOFT
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
BirlasoftBirlasoft:
330-360 good level for enrty
lets see where this rescent contraction pattern takes the price.
BIRLASOFT FOR SWING TRADE NEAR TO FLAG BREAKOUTNSE:BSOFT
1 DAY TIME FRAME
NEAR TO FLAG BREAKOUT
FOR SWING TRADE
THIS IS FOR EDUCATIONAL PURPOSES.
Support and ResistanceFour type of Support and Resistance explained.
1. Horizontal resistance
2. Trendline
3. Fibonacci
4. Moving average
Birlasoft - ShortBirlasoft - Short
Profit booking zone
Falling and moving towards the sideways market zone.
Invest & Trade Wisely! Good Luck!
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**Disclaimer:
I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling.
Please do your own research and consult with your financial advisor before taking any action.
I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
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Birla Soft - Ashish Kacholia Portfolio stock.Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In limelight today we have Ashish Kacholia. He specializes in finding the best midcap and smallcap stocks which have given him multi-bagger returns. Kacholia is invested in over twenty-four stocks and has a varied portfolio that includes hospitality, education, infra, and manufacturing. Holding% - 1.8%
Birlasoft Ltd. is a holding company, which engages in the provision of software development, information technology consulting, and product engineering solutions.
* The company has seen consistent profit growth in the last eight quarters.
* Company is almost debt-free.
* Company has been maintaining a healthy dividend payout
*Promoter decreasing their shareholding
For more, you can check the stock out on trendlyne.com/fundamentals/financials/1463/ VAIBHAVGBL /vaibhav-global-ltd/
Sources credit:
Trendlyne, Screener & Wikipedia.
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The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Birlasoft VCP breakout showing strengthBirlaSoft reacted strongly from its rising 200ma & went up to closed above 20 & 50 sma on Friday.
It forming a very inviting long tail candle. The volume though was marginally (@25%) higher wrt its 10day average.
On Monday, it gapped up strongly and now today's close seems to be sustaining well. Waiting to see how the coming weeks shape up.
Planned GTT entries triggered on Monday morning, but did not execute due to gap up. Min quantity entry taken at 298 levels.
Bsoft rising with good volume, be cauciousafter breakout of crucial resistance it is rising sharp be caucious at upper levels
80% of your returns come in 20% of the time“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.”
― Peter Lynch, One Up On Wall Street.
Birla soft looking bullish CMP=260, Target =340... Both Fundamental and Technical are looking very attractive for this stock.
