BIRLASOFT LTDLong
Birla Soft -- Bullish
Price is near its 52wk high, facing stiff resistance. Price may consolidate here for sometime before moving higher. Volume is good compared to the past few days. Stock had moved 10 points from its previous breakout, still stock has potential to move further if it sustains support zone and break its 52wk high. EMA crossover for the shorter period is another good point.
Stock has long wick in weekly candle which concerns as there is reduction in demand,but wait for this weekly candle to finish to arrive at any conclusion.
Stock has long wick in weekly candle which concerns as there is reduction in demand,but wait for this weekly candle to finish to arrive at any conclusion.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.