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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SEBI Registration number is INZ000174330
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