Birlasoft Picture Perfect Correction

BSOFT looks very good at these levels. The Stop Loss would be at 330. This is one of those chart patterns where you can see that the stock corrected beautifully and held on to crucial levels. One can go long here.

About Birlasoft: Birlasoft is engaged in Computer programming, consultancy, and related activities. It provides software development and IT consulting to its customers predominantly in Banking, Financial Services, and Insurance, Life Sciences and Services, Energy Resources and Utilities, and Manufacturing.

Hint: Turn on 200 EMA on Weekly and you will understand what I mean by Crucial Levels.