Yesterday, I shared NIFTY IT chart which looked bearish and today, everyone had seen the fall. TCS has new 52 week low.
I am sharing one of the IT Stocks today as well which has bigger chances of falling down in the upcoming days.
"BIRLASOFT"
If you look at the daily timeframe of this stock, clearly you can see CUP&HANDLE Pattern. Bearish move has already been started. Next support is at 305.15. If stock breaks this level, then we will see more downfall of BIRLASOFT.
Targets are marked on the charts. Please check and let me know if you have any view on this.