BIRLA SOFTWARE GOOD FOR 25% ROI BIRLA SOFT CEMENT (SHORT TERM)
CMP: 467
TGT: 505, 527, 550, 580
SL: 425
Risk Reward (RR): 1:3
Potential Returns : 25%
Potential Loss: 8.5%
Time Frame: 1-2 Months
BSOFT trade ideas
BSOFT SWING TRADEBSOFT is on very crucial level we can go long by keeping our STOPLOSS below 450. Taergets are mentioned in chart itself.
Birlasoft shows Bullish Divergence on Daily Time FrameNSE:BSOFT
Birlasoft is showing bullish divergence on daily time frame. Go for Long from here.
Current Price: 469 rs
Good Entry Point: If close above 462 rs
Target: 505 rs (1st) - 570 rs (2nd)
Stop Loss: 438 rs
Probability: Positive for Long position
Risk Reward Ratio: 1:4
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
Expecting to Witness a Bullish Momentum in BSOFT As per the 2 Hour Chart of BIRLASOFT LIMITED, we have witnessed a Formation of a “Hammer” on the downside.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 510.05, 516.60, and 530.10. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 496.20, on closing basis.
Closing Price (as on 20.01.22) : 502.25
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
BSOFT ON ITS 55 DAYS MA SUPORTbirla soft on 55 moving average support could be a good buy on showing green candles with good volume breakout
BSOFT stocks for intraday Reversal likely to happenBSOFT stocks for intraday Reversal likely to happen as it has hit the 5day VCPR
BSOFT Bullish trendBirla Soft looks bullish in short and medium term.
If BSOFT closes below 550 on daily basis then bearish. Otherwise will be bullish.
Note: This is for educational purpose only, please take call accordingly
Birlasoft AnalysisBirlasoft : A fundamentally strong IT Company with a good chart setup. This company has given some excellent returns previous year. It has formed a bullish pole and flag pattern in 1h time frame. The stock is trying to go up and it can go up with the current market sentiment. Keep an eye on this stock.
BSOFT intraday view - Educational PurposeSell @568, SL-571, TGT-560
Buy @573, SL-570, TGT579/580
Upside limited
BIRLASOFT CMP 577 dated 7.1.2022 PARALLEL CHANNEL BOBIRLASOFT CMP 577 dated 7.1.2022
1. Parallel Channel BO @ 585
2. Volume Increase
Buy above 585 for a tgt of 675 SL 540
It is just a view, pls trade at your own risk.
Birla Soft Bullish short termBsoft seems strong weekly closing in life time high indicates rally continue for short term
concentrate for short term and swing
BSOFT ready to rocket : Flag BreakBSOFT ready to rocket : Breakout candle with volume, backed up by good fundamentals & institution positioning
Birlasoft on uptrendThe stock is moving steadly .The RSI is above 60 and it is expected to reach the targets shown on chart soon.
📊 Birla Soft Resistance levels 🎯NSE:BSOFT
if find perfect reversal then only short for swing.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
BIRLASOFT DAILY CHART ANALYSIS AS ON 03.01.2022BIRLASOFT as per daily chart analysis stock above 571 level for a target 580 level.
BIRLASOFT (BSOFT): Simple Technical Analysis on weekly chartBIRLASOFT emerged out of 22 weeks of consolidation. The stock has consistently remained above weekly 30 ema. This ensures the stock is strong. When the stock breaches the 30 weekly EMA, then we need to be cautious.
Currently, RSI around 70 and in upward trajectory denotes positive momentum
Also, important point to note: RSI has very rarely breached 60 with strength, and when it did it has quickly recovered and continued in its upward journey.
Target of 550 in the short to medium term.
BSOFT Positional View 3rd time !!Previously all target achieved.
BSOFT : 505.65
Trading near the Break Out level of 508 - 516. if it surpasses and sustains above the level, a
buying movement could be possible in the near term.
Closed above previous High.
RSI trending up.
Accumulation zone : 496 - 508
Profit booking zone maybe : 528 - 548
SL 487 Dclbs /According to your risk appetite.
Positionally can move 600+
Sl 458 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
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Buy above 538.8 TGT 544 and 558 SL 528Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Sell below 529 TGT 522 SL 538Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Bullish Breakout on BSOFT Go longBullish Breakout on BSOFT Go long for Target of 640 with Stoploss of 449
NSE:BSOFT
