BSOFTbullish englulfing candle on support levles and fibonacci level of 0.5. perfect reversal canditate. Also global rate cuts will help thus stock move upside
BSOFT trade ideas
BSOFT 1DAYWAIT FOR THE BREAKOUT AT 700
RETEST AT 700
AFTER ENTER
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Birla SoftCup and Handle Formation (Again Pattern is Still forming)
Just study of mine own
Not Buy Sell Recommendation
look for buy inside zonethis zone marked is potential reversal zone . expecting reversal from that zone.buyers can look for buying confirmation inside the zone.
-- intraday traders can keep 0.236 fib level of swing C to latest swing low. entry is strictly inside zone. keep sl below zone
-- swing traders can keep 0.5 fib level as tgt.
Demand zone in confluence with Fibbo 50%Demand zone in confluence with Fibbo 50%
Go long from 550. Stop Loss below 510
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
🔥 35% - 50% Upside Potential | BSOFT 🔥 35% - 50% Upside Potential |
NSE:BSOFT
Bullish Reversal confirmation after DOJI
✅ Buy Level - Rs 580-598
✅ SL - Rs 559
✅ Target - Rs 639/669/695/748/861
✅ Bullish Reversal confirmation after DOJI
✅ RSI moving upwards of 40
Trade :-
✅ Buy Future Rs 580-598
✅ Buy Equity
Look at the chart for more information
Do share your thoughts on the analysis. Lets decode the charts together.
Setting sail with Birlasoft: Aiming for 860 ⛵️, Navigate the market currents with Birlasoft as your compass. Targeting 860, but anchored by a stop loss at 755, ensure stability while chasing growth. Stay informed, stay confident
Birla Soft03/03/2024
BSoft on daily basis
CMP 787.25
Target : 815-865
SL: As per your risk
Information is only for study purpose
Birla soft target - 1500 long term - CE callBirla soft in breakout zone and currently confirmed the support in monthly time frame
Equity trader buy at this price and sale at 1500 in 6 months or less
Option traders enter a CE call position accoridng to your margin and fund
For more chart analysis comment me in this post.
#Birlasoft chart update - Rounding base , close to All time highNSE:BSOFT
New Management under Angan Guha seems to have a very positive impact upon #Birlasoft
✅Bsoft✅
Base completion in process
Wait for breakout out of base
Volume with price is the key
Key is add to winner and don't let go
disc: Invested , Education purpose Only
BirlasoftBirlasoft is creating an ascending triangle pattern. If it closes above the zone it can give a up rally of around 5-6%. Keep an eye on it
Birlasoft should target 930 after crossing resistanceDaily chart, the stock is trading in an expanding triangle with a tendency to cross the resistance.
After crossing (at around 783), the target will be 930, extending to 1099
Technical indicator RSI is positive
Support A line should be considered for a stop loss level.
Below support line A, the stock will have higher tendency to test support B.
Birla Soft Chart AnalysisBSOFT is tranding near breakout zone we can consider this stock above 748 with stoploss of 720 and for target of 850
birlasoft ready for 7-9% upward move in few daysbirlasoft ready for 7-9% upward move in few days
broken trendline resistance,
Swing Trade Opportunity in $NSE:BSOFT Dear Readers,
I hope this Message finds you well. I wanted to bring to your attention a potential swing trade opportunity that aligns with our investment strategy. Please note that this is for informational purposes only, and it's essential to conduct your own thorough research or consult with a financial advisor before making any investment decisions.
Stock: NSE:BSOFT
Current Price: 622
Potential Entry Point: 615-620
Target Price: 660,690,730
Stop-Loss: 575
Reasons for Consideration:
Technical Analysis: Fibonacci , RSI
Fundamental Analysis: Not Applicable
This is not a recommendation but rather an idea worth exploring further. It's crucial to assess your risk tolerance and investment goals before considering any trade. If you have any questions or would like more information, feel free to reach out.
Best regards,
Prachi M
BIRLA SOFT Positional View @ 25 04 2023BIRLA SOFT Positional View @ 25 04 2023
BIRLA SOFT Positional View Monthly Analysis @ 25-04-2023
I Considered this is the Best Opportunity for BIRLA SOFT Now it Reached the 1st Target
Always Trade What You See not What You Feel........
"Be Fearful when others are Greedy and Greedy only when others are Fearful " - Warren Buffett
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Than You Universe 🙏🙏🙏💐 Thanks to all my Teachers ....🙏🙏🙏💐
Birla softno miss here. enter @500-510.... keep adding dips. Positional bet and a long term holding.
No SL on positional trades.
BSOFT ExpiryBSOFT decaying at one place for more than a week ..
should remain same till expiry and then show good move.
Channel BreakoutBirla Soft has been in a downtrend for a long time. If you just observe till April 21 April it was in a down trend. slowly the momentum turned and buying came in as other IT stocks also started doing well. After going up 30% it took a pause in June and now again on 13 July it breaks off. momentum can be seen very strong on 60 M Chart and 15 Min chart as well which clearly indicates that buyers are fully on in this stock.
