07-06-2024 11:41 AM | Source: Religare Broking Ltd
Stock of the day : Birlasoft Ltd. For Target Rs.685 - Religare Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Birlasoft Ltd

* We are seeing decent traction in the IT basket and BSOFT has witnessed fresh breakout on the chart.

* It has recorded a breakout from an elevated base formed around its previous resistance zone and its short term moving average.

* Following price action and momentum in sector, we expect bullish tone to continue.

* Traders can consider fresh longs in the mentioned range.

Buy Birlasoft Ltd CMP 646.75 Range 644-648 SL 628; Target 685

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer