#BSOFT
CMP - ₹ 587.75/-
Birla Soft is an Indian company engaged in providing information technology and related services. Revenue and profit are increasing every quarter. A zero debt company with zero promoter pledge. Stock is now at its 52 week high due to the arrival of interim dividend date . A pullback can be expected from this level due to profit booking. A Cup & Handle breakout and 1 year long resistance trend line breakout are seen on the chart. Technically looking good. An upside movement of 50% can be expected from this level with in a span of 3-6 months time. Stop loss at ₹.555-560 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP - ₹ 587.75/-
Birla Soft is an Indian company engaged in providing information technology and related services. Revenue and profit are increasing every quarter. A zero debt company with zero promoter pledge. Stock is now at its 52 week high due to the arrival of interim dividend date . A pullback can be expected from this level due to profit booking. A Cup & Handle breakout and 1 year long resistance trend line breakout are seen on the chart. Technically looking good. An upside movement of 50% can be expected from this level with in a span of 3-6 months time. Stop loss at ₹.555-560 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .