BIRLASOFT LTD
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Breakout in Birla soft

Diupdate
BSOFT Good Buying Zone:
1: BIRLASOFT at current market price of 340
OR
2: If found near to 200MA @295-300

Stop Loss:
Put the SL between 295 or 300

Targets:
380/440/500/550+++++



  • Reasons to buy BIRLASOFT:
  • 1: Good support from the bottom of @270
  • 2: Double Bottom formation and breakout.
  • 3: Long term trend line breakout.
  • 4: trading above 200ma line.
  • 5; Handsome RIO
.



Thanks,




Disclaimer: This idea is for Education purpose only, Kindly place your orders at your own RISK.
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Finally, After a month of consolidation, our first Target of 380 achieved.
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Good bounce .
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Fresh buy 380++
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Good bounce with volume
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Our second target of 440 achieved..
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It seems like Birla Soft is performing well and our target of 500 is soon to be achieved.
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Our Third target of 500 is achieved.
Catatan
Next Target : 560-580
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Performance: Birla Soft is looking good. 560-580 is profit booking zone for this stock.

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Catatan
Based on Fibonacci retracement, we can expect new targets between 675 and 790.
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700 hit
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good bounce ... upcoming targets 750/800
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Touched 800
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Fresh buying setup in Birla soft////

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Good bounce after fresh buy
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birlabirlasoftChart PatternsFundamental AnalysisinvestinglongtradeTrend AnalysisTrend Line Break

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