BIRLASOFT LTD – Bullish Reversal with Volume Surge

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✅ 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

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