19-07-2024 10:51 AM | Source: Religare Broking
Stock of the day : Birlasoft Ltd For Target Rs. 790 - Religare Broking

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Birlasoft Ltd

* BSOFT is gradually inching higher forming base on base pattern with substantial increase in volumes.

* It has rebounded higher from the neckline area of its previous base formation, resembling a bullish flag breakout on intraday charts.

* Considering price pattern and buoyancy in IT space, we believe bullish tone to continue.

* Traders can consider fresh longs in the mentioned range.

 

Buy Birlasoft Ltd CMP 749.45 Range 748-750 SL 730 Target 790

 

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