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

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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


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