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Technicalsetup

BIRLASOFT LTD – Bullish Reversal with Volume Surge✅ Trade Plan: Stock gave a bullish breakout with a large green candle & volume spike RSI crossed 60 level – bullish strength confirmed Price broke above short-term resistance zone at ₹407 and nearing ₹425 💰 Buy Zone: Entry Range: ₹418 – ₹422 (on 15min or 1H candle close above ₹420) 🎯 Targets: T1: ₹425.05 (Immediate resistance) T2: ₹444.35 (Previous swing high) T3: ₹485.75 (Gap fill zone and 200 EMA resistance zone) 🛑 Stop Loss: Intraday SL: ₹407.20 (below support zone and previous candle low) Swing SL: ₹400 (for positional trade) 🔁 Strategy: Scalp at ₹425 with 30–40% booking Hold rest for breakout continuation toward ₹444+ Trail SL to ₹415 once above ₹425 For Education Purposes Only
NSE:BSOFTLong
by rmhetre15
PFC: Bullish Breakout with Raghanseda Project Development 1.Chart Pattern: The stock has broken out of a downward-sloping trendline after a prolonged consolidation phase within a rectangle pattern (yellow box). This breakout is supported by higher volumes, signaling strong buying interest. 2.Fundamental Trigger: Power Finance Corporation has incorporated an SPV for the Raghanseda Transmission Project, enhancing its growth outlook. 3.Technical Levels: Current Price: ₹512.20 Immediate Support: ₹499.95 (near breakout zone). Critical Stop-Loss: ₹472.95 (below previous support). Upside Targets: ₹527.45 (minor resistance) and ₹556.00 (major target, ~11% upside potential). 4.Indicators: RSI is trending upwards, indicating positive momentum but not overbought. Moving averages are aligning for a bullish crossover, supporting further upside. 5.Projection: If the price sustains above ₹500, we could witness a rally towards ₹556 in the near term. Traders may consider entering on pullbacks near ₹500 with a stop-loss at ₹472.95. Risk Disclaimer: This is for educational purposes only. Conduct your own research before making any trading decisions.
NSE:PFCLong
by AngshumanSaikia