💻 Birlasoft: Bottom Formed Near Long-Term Anchor | Tech Turnaround Begins?

📊 Technical Insights Price bounced from the 200-week moving average (~₹314), which acted as a long-term demand zone Current structure suggests a multi-quarter bottom formation around ₹375–₹400 zone Weekly structure turning higher highs + higher lows after deep correction — early reversal signs 🔁 MACD Turning Bullish MACD crossover confirmed with momentum shifting into green territory Histogram rising; early momentum seen after 15-month cooldown Reversal in place after bottoming below zero line, now reclaiming bullish bias 📍 AVWAP View AVWAP anchored from COVID low and 2022 breakout zone aligns with current base Clean retest + reclaim — signals institutional re-entry levels 📈 Fundamental Snapshot Strong clientele in BFSI, manufacturing & cloud Business improving post tech correction cycle Asset-light model with growing digital pipeline Consistent cash flow generation & dividend-paying stock High RoE and low debt — healthy for long-term IT sector exposure 🔔 Conclusion: After sharp correction from highs, Birlasoft shows a reversal setup with long-term support + MACD crossover. Could be an early-stage move before a broader re-rating in mid-cap IT.