Get started
BIRLASOFT LTDBIRLASOFT LTDBIRLASOFT LTD

BIRLASOFT LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

BSOFT trade ideas

BIRLA SOFT BREAKOUTBirla Soft is looking bullish by breaking a falling resistance trendline on weekly chart so we can consider it is breakout on falling resistance trendline of falling wedge pattern and after a breakout of falling resistance trendline we can go long in it for the target of 293 with the stop loss of 260 below a weekly candle close basis. TARGET AND STOP LOSS 𝑵𝑶𝑻𝑬- 𝑶𝑵𝑳𝒀 𝑭𝑶𝑹 𝑬𝑫𝑼𝑪𝑨𝑻𝑰𝑶𝑵 𝑷𝑼𝑹𝑷𝑶𝑺𝑬
NSE:BSOFTLong
by Sonia-Singh
27
"BSOFT" Trending UP NSE:BSOFT with stronger trend reversal. if it gains +ve on the next opening day. Target 1 = INR 97.50 Target 2 = INR 101.55 Stop Loss = INR 93.65 The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved. Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
NSE:BSOFTLong
by finogent
Bsoft -Breakout of triangle pattern - either upside or downsideBirlasoft has been trading in a parallel downtrend channel since May 2022. downtrend channel broke out on 1st December 2022. I'm happy to say that our analysis, which was done on November 13, 2022, correctly predicted the end of the downtrend. If we look at the weekly time frame, we can see that the "wave volume divergence" indicator has given a hidden bullish divergence signal, and if we look at the daily time frame, we can see that selling volume is decreasing. Birlasoft has formed a triangle pattern and the stock is currently trading at a very strong zone. If the triangle pattern breaks to the upside, a bull rally may occur. If it breaks to the downside, we could see a down move, but the likelihood of down move is very low. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you.
NSE:BSOFTLong
by AfnanTAjuddin
2
Positional or Longterm Opportunity in BirlaSoftGo 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 Bullish Harami & Bullish Hammer (marked with orange color) is formed around the 0.5 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up. 4. On a daily timeframe a chart pattern (Double Bottom) is formed.
NSE:BSOFTLong
by Nimish_Ghagare
2
BSOFT Buy opportunity Intrady or Possible Swing Trade OUR ANALYSIS, WHICH WE DID ON NOVEMBER 23, WAS ACCURATE; AS WE EXPECTED, BSOFT MOVED UPWORD VERY SHARPLY AROUND 18% FROM DEMAND ZONES. We now have another buying opportunity on Bsoft as a retest of the breakout after a month. again This trade will have a low risk and high reward. Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below. Thank you.
NSE:BSOFTLong
by AfnanTAjuddin
How to Use a Wave Volume Divergence Indicator Wave Volume Divergence Indicator is being introduced In this video, I explain how to use the indication and the purpose behind it. Please forgive me if there are any mistakes in this video as I am not an expert speaker. I'm expecting this video will make wave volume divergence indicator easier for you to understand. Please share this video and indicator with others if it is beneficial to you. Please follow me and like this post to encourage me. Wave Volume Divergence Indicator To learn more about divergence, read my article on divergence, which was selected in Tradingview's Editor's Picks. To learn more about Price and Volume divergence Read My Article on Price and Volume Analysis Indicator help you to identify when the smart money is buying or selling. Wave Volume Divergence indicator is a powerful tool that can help you trade in sync with the smart money and make better trading decisions. The Wave Volume indicator is very useful for determining the direction of a trend & Reversal of trend based on Divergence. The Wave Volume Divergence indicator can be used to see if there is a power shift between bulls and bears. This indicator will give signs for divergence together with the cumulative volume of the bullish and bearish waves. Do not rely on diversions blindly because they may be false signals; instead, use this indicator with your strategy. For high probability trades, use the divergence signal on strong support and resistance levels. Please share this video and indicator with others if it is beneficial to you. Please follow me and like this post to encourage me.
NSE:BSOFTEducation
by AfnanTAjuddin
3
BIRLASOFT BREAKOUTHere on the daily chart of Birlasoft we are getting an example of that when a specific price acted a Support earlier later on that specific price become resistance for example that 307 levels earlier was a good support for this stock later it become resistance so the theory (If the price falls below a support level , that level will become resistance. If the price rises above a resistance level , it will often become support) of Resistance and Support by this chart now it is hence proved somehow, But apart of that the point is now that it gives a breakout on that horizontal resistance trendline and looking bullish for coming sessions and the looking targets further after this breakout are quite good so one can take this is a buying opportunity in it that is all.. Happy Investing and Trading Guys with Trading View whishing you Good luck. Note- This is an opinion only based on mine knowledge so always ask from your financial advisor first before taking a trade or investment in any of security and scrip.
NSE:BSOFTLong
by AMIT-RAJAN
2
A clear BULLISH view on BIRLASOFTHEY GUYS, BIRLASOFT stock was following a pattern i.e FALLING WEDGE PATTERN now , this stock has crossed that pattern and it is showing clear BULLISH SIGNS. as you can see, a 12% increase in a single week and volume is also very high, this shows that people are really interested in this stock. Therefore, you can also trade in this stock and earn high returns. you can clearly see the pattern in the chart i have marked that pattern with the trend lines. thanks and have a great trade.
NSE:BSOFTLong
by TRADERS_AREA