BIRLASOFT BREAKOUT

4. Dez. 2022

Here on the daily chart of Birlasoft we are getting an example of that when a specific price acted a Support earlier later on that specific price become resistance for example that 307 levels earlier was a good support for this stock later it become resistance so the theory (If the price falls below a support level , that level will become resistance. If the price rises above a resistance level , it will often become support) of Resistance and Support by this chart now it is hence proved somehow, But apart of that the point is now that it gives a breakout on that horizontal resistance trendline and looking bullish for coming sessions and the looking targets further after this breakout are quite good so one can take this is a buying opportunity in it that is all.. Happy Investing and Trading Guys with Trading View whishing you Good luck.

Note- This is an opinion only based on mine knowledge so always ask from your financial advisor first before taking a trade or investment in any of security and scrip.

4. Dez. 2022

Anmerkung

LAYOUT SHOWING SOME PROBLEM SO UPDATING WITH CHART IMAGE TOO