snour

Birlasoft should target 930 after crossing resistance

Long
snour Updated   
NSE:BSOFT   BIRLASOFT (INDIA)
Daily chart, the stock is trading in an expanding triangle with a tendency to cross the resistance.
After crossing (at around 783), the target will be 930, extending to 1099
Technical indicator RSI is positive

Support A line should be considered for a stop loss level.

Below support line A, the stock will have higher tendency to test support B.
Trade active

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