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, . . . . more than that " BSOFT "is fundamentally good . . .refer our old idea attached below
1. Price bounced from support 2. Major TL breakout if we get candle close today 3. Keeping small SL, we can get handsome reward
Good chart Stock closed above 20 DEC23 high Blue sky zone Target 760/800 and above Stop loss 728
Buy birla soft AT CMP -280 can add till 255-260 Stop loss 230 1st Target 390 2nd target- 499 3rd target- 585 birla soft is also forming a flag pattern , and also near breakout from downtrend channel THIS IS ONLY FOR EDUCATIONAL PURPOSE , PLS DO YOUR OWN ANALYSIS
NSE:BSOFT ✅ #BSOFT trading above Resistance of 672 ✅ Next Resistance is at 790 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 only....
holding Bsoft ve bat harmonic pattern in weekly time frame and re tested the trendline so it should buy 30 % @ 270-67 (200 EMA)rest 70 % should add @ 200 SMA closing sl below 215 below Target will 384-503-585+++ we will book 50 % qty if get 330
Stock gave all time high Breakout and making higher highs and showing some bullishness. Entry - 590 to 593 Target 1 - 587.75 Target 2 - 648.70 This is not a buy or sell call, analysis is shared for educational purpose.
The stock recently broke out of a cup pattern, and this breakout was accompanied by noteworthy volume accumulation that occurred before the breakout. The presence of good volume accumulation implies a gradual build-up of interest and buying activity, reinforcing the significance of the subsequent breakout. Traders and investors often find cup pattern breakouts...
1 Lower Low is formed 2 ICMC Breakout is done 3 Next ICMC Breakout and retest 4 Shunted and swiftly done the upside range
Round base formation in Birla Soft (CMP 505) for target 585 with SL 445. High volume can be seen with IT sector in focus
Price is at long term support (previous resistance turned into support), making a double bottom on weekly charts with RSI showing +ve divergence and a falling wedge pattern at 61.8% retracement levels from Covid low to ATH. Keep this setup in watchlist, Risk to Reward are in favour of longs here.
BSOFT - BACK to BACK big volume bar on chart and expect bigger targets 485/570 in coming days... Sl 400
Stock formed a Price Action Pattern Flag and Pole and a Strong Breakout. CMP : 516 Target : 580 Stoploss : 484 This is not a buy or sell call, this analysis is shared for educational purpose.
With the completion of ABCD pattern, Bsoft is entering a sell zone below 539. So selling below 539 Stop loss above 557 Targets are 525, 518.50 On successful breakout of T2 518.50, next levels I'm looking are 507 and 493 but these will be executed with shifting the SL down as the price moves downside.
Birla soft showing bullish design. right place to buy swing trade. upcoming days we expect 710.
#BSOFT CMP - ₹ 587.75/- Birla Soft is an Indian company engaged in providing information technology and related services. Revenue and profit are increasing every quarter. A zero debt company with zero promoter pledge. Stock is now at its 52 week high due to the arrival of interim dividend date . A pullback can be expected from this level due to profit booking. A...