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BSOFT

SWING IDEA - BIRLASOFTBirlasoft , a leading global IT services company, is showing technical signals that suggest a promising swing trading opportunity. Reasons are listed below : 720 Resistance Zone Breakout : The 720 level has been a significant resistance zone, and the price has recently broken out above this level decisively, indicating strong bullish momentum. Bullish Engulfing Candle on Daily Timeframe : The formation of a bullish engulfing candle on the daily chart indicates strong buying pressure and further supports the bullish case. Price Action Above 50 EMA : The stock is trading above the 50-day exponential moving average (EMA), reinforcing the overall bullish sentiment and providing a strong support level. Volume Spike : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest. Target - 790 // 855 Stoploss - Daily close below 670 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:BSOFTLong
by Visionary_Growth_Insights
16% in 60 days do it or leave it Bsoft on long ace in spot 611 📊 BSOFT Overview Birlasoft Ltd. is a subsidiary of the CK Birla Group and provides IT services such as application development, maintenance, and infrastructure management. They have a global presence with offices in India, the United States, Europe, and Asia-Pacific. source 💻 BSOFT Services Birlasoft offers a wide range of IT services, including digital transformation, cloud computing, data analytics, and cybersecurity. They cater to various industries, including banking, financial services, insurance, healthcare, and manufacturing. source its long on cmp 611 inr for 703 price in coming days for more comment below
NSE:BSOFT
by EasyLife_Advisor
BSOFT is forming channel patternNSE:BSOFT small cap IT stock is forming channel pattern. This stock is trading at 50% below its all time high, but producing good result, hence giving wonderful opportunity to take high returns when US market turns favorable. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call. Profits are not made from following ideas, but by following Risk Management .
NSE:BSOFT
by samplespaz
CNXIT (Nifty IT) Long, INFY/ BSOFTBat Pattern: It starts with a bullish XA move. AB is then bearish . BC is bullish , and CD is bearish again. XA: This can be any price activity on the chart. There is no specific price movement in Bat chart formation. AB: The AB move should be between 38.2 to 50 % Fibonacci of XA. BC: The BC move should finish between 38.2% and 88.6% Fibonacci of AB. CD: Ideally point D should represent 127% to 161.8% Fibonacci extension of BC Leg. Look for entry at point D once you see the trend reversal. Profit Target: As mentioned in the chart. Stop Loss : should be just below X with a support channel. As you can see from the above chart the NIFTY IT ( CNXIT ) has completed the bat pattern and is moving up optimistically We should see the price touch target 1. Since it's on a corrective wave on Elliot's principle Target 1 is most likely to be completed. MACD has crossed the signal line on a weekly timeframe . INFY ( Infosys ) & BSOFT (BirlaSoft) are on the same trend line as the IT index. Disclaimer: “The above is an idea only and not any kind of any financial advice so please do your own DD (Due Diligence) before any kind of investment”. If you like my TA & ideas!! Want to keep yourself updated with current market action, then please follow my profile for more analysis.
NSE:CNXITLong
by Tron029
#ANGELONE #ZERODHA #EDELWEISS #ANANDRATHI #ISEC #MOTILALOFS #IT#ANGELONE NSE:ANGELONE NSE:ANGELONE CMP: 1452.50 Entry Price 1440 Target: 1900+ SL: 1170 RR Ratio > 3 Return > 45% Time Frame < 6 months. Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:ANGELONELong
by Rachit_Sethia
BSOFT LONGFor Intraday Trade above 435 | SL-433.4 (see 15 min candle) Tgt1-438 Tgt2-441 Tgt3-452 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- For Swing Trade Long above 435 | SL-415 (For 1-2 months) Tgt1-445 Tgt2-457 Tgt3-478 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------- Do Your Own Research on Company fundamentals to get a good idea and its future potential. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------- IF you earn money through this analysis,please like,comment,share and follow.
NSE:BSOFTLong
by monemetrics1729