BIRLASOFT (INDIA) BSOFT

TP2094 Premium

Hello Everyone, Yesterday, I shared NIFTY IT chart which looked bearish and today, everyone had seen the fall. TCS has new 52 week low. I am sharing one of the IT Stocks today as well which has bigger chances of falling down in the upcoming days. "BIRLASOFT" If you look at the daily timeframe of this stock, clearly you can see CUP&HANDLE Pattern. Bearish...

TheNuraTrading

long term investment; min 70% return huge potential is there. investment ; entry 355 target 580

vishnubarath1995

Trendline breakout. For Positional Trade, safe entry will be above 339 Easy Target - 371{2week} second Target - 395{1 month} Final Taregt - 431 Targets are mentioned in the charts Happy trading...///////

Nimish_Ghagare

Go Long above 340.85 for Targets of 365.7, 390.55, 415.4, 440.25, and 465.1 with SL 316 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern...

dev1234

BIRLA SOFT is trading below its 89 high low magic band with rsi ranging below 40 and RS to nifty is also going down negative below 0 on weekly chart. As long as it doesn't start trading above its magic band which is above 372 level its a shorting opportunity in the above mentioned IT stock. Do watch out.

AMIT-RAJAN

Birlasoft looking strong on daily chart breaking falling resistance trendline and giving positive signals on relative strength indicator (RSI) :-Cause of long 1- Falling trend breakout 2- Positive divergence on Rsi

kashinath29

Birtlasoft has given a breakout of descending channel patterns. Please do your own study before any trade. My view may be wrong at any point in time.

solidStork11793

Is a wedge pattern bullish? Image result for wedge pattern A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall.

similarHare91497

BSOFT - Analysis done on 2 hours chart. Enter once the trend line is broken and the candle is closed above the trend line. Follow the red line as SL and the yellow line as a target. W- Gartlwy harmonic pattern may form.

OnlySwingNPositional Pro+

BSOFT has given a break down from its range since June 21. The stock has given a close below the entire range and the next targets could be 286 and 220.

dayanithi555

SELL : 392 TARGET : 253 TO 214 Reason For Selling This Script : In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 392 in monthly time frame and then try sell. Waiting for neckline breakout. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some...

sumangalroofings

Descending Triangle Pattern: Descending triangles have a falling upper trendline as a result of distribution and are always considered bearish signals. Target:-Most traders look to initiate a short position following a high volume breakdown from lower trend line support in a descending triangle chart pattern. In general, the price target for the chart pattern...

SumukhK

Birla Soft has done the ETA of 415 levels which is weekly demand zone, one can take long with position stoploss of 408 NOTE = Consult your financial advisor before any investment decision

psyank281

On the daily chart it has broken the komu, chikousen is free and moving downwards, conversion and baseline are in equilibrium and they must fall too in coming days. I am not SEBI advicer. Risk and reward is yours only. Stoploss 432+ on closing basis.

ksmbaburao

Could identify two best buy levels, 160 and 107, Expecting entire software stock bubble to burst and possibility of US slipping into recession is inevitable.

TheSoberTrader

Looks good at current level Supporting current from moving average

Jordan_n-

BIRLA SOFT On Daily chart formed Inverted H&S and give BO Buy at CMP for positional targets of 513, 537 and 570. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow

Trading_hawk Pro+

NSE:BSOFT Observations: 1) On 1day time frame, we can see 480 as immediate support and also see a support channel. As far as it is sustaining above this, it has potential to give up move. Immediate major resistance is at 500. Breakout of it will lead a good up move. Please refer below chart : 1day time frame. ------------------------------------- ...