Technical View: Birlasoft is showing a potential recovery after a prolonged decline. The daily chart indicates a falling wedge pattern near ₹267–₹276, suggesting a possible bullish reversal if price sustains above resistance. The latest strong green candle with increased volume indicates buying interest. Momentum indicators are also showing some improvement, but confirmation is still required.
Support: ₹276, ₹267, ₹258
Resistance: ₹293, ₹303, ₹320–₹329
Targets: ₹293 → ₹303 → ₹320–₹329
Risk Scenario: A sustained break below ₹267 may weaken the recovery setup and expose lower support zones.
Trading View: A sustained move above ₹293–₹303 with volume confirmation could strengthen bullish momentum. Failure to hold ₹276 may lead to renewed selling pressure. Monitor price action and volume before taking any position.
For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊