B SOFT READY TO FLY. (SHORT TERM TARGET 550)BSOFT has today broken its June trade line upwards. Alone with this, a jump in volume can also be seen in the last 1 month. The entire IT SECTOR is at an all time high. That's why BSOFT should do long. Its short term target is 550/560. Above 560 we can get to see a rally upto 600. Also the positional target is 700 to 800 we can get to see in 1 to 2 months.
YOU CAN ALSO TRADE IT WITH OPTION. THAT IS
BSOFT 540CE BUY @7/8 Target is 19/28. IF YOU KEEP IT TILL EXPIRY THEN THIS OPTION CAN ALSO BE 50. (DECEMBER EXPIRY)
I have taken this trade. What is your opinion . Tell me in comment.