BIRLASOFT LTD
Long

BSOFT: Breakout from inverse head and shoulders pattern

85
Birlasoft (NSE: BSOFT) is trading above its inverse head and shoulders pattern neckline. Going by previous days' volume, deliveries and price actions and as well as indicators like RSI and its price movement and strength today in comparison to NIFTY IT and the NIFTY 50, It is most probably going to breakout from the pattern and sustain its upward move in the coming sessions.

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