Birlasoft Ltd. – Bullish Breakout Setup
📊 Birlasoft Ltd. – Bullish Breakout Setup 🚀
CMP: ₹309.80 | Timeframe: Daily
Birlasoft is showing strong recovery after forming a falling wedge pattern near the ₹267–₹276 support zone. Recent bullish candles and rising volume indicate improving buying momentum. The stock is approaching a major resistance zone, so breakout confirmation is important.
🔹 Resistance: ₹311.71 ₹320.58 ₹329.44
🔹 Support: ₹302.85 ₹293.99 ₹285.13
🔹 Major Support: ₹276.26–₹267.40
Trading View: A sustained move above ₹311.71 may open the way toward ₹320.58 and ₹329.44. A decisive breakout above ₹329.44 could extend the recovery toward ₹338.30. If the price falls below ₹293.99, bullish momentum may weaken. Watch volume and price confirmation before taking any trading decision.
— AALGO BREATHS SEBI REGISTERED RESEARCH ANALYST