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Rakesh Madhav CFA

4th Dec · SEBI-Registered Analyst

Birlasoft — Trend Reversal Taking Shape 💻

BSOFT
Birlasoft surged 11.2% to ₹422.7, registering a powerful breakout from a long-term downtrend channel. The stock’s weekly structure signals a potential major trend reversal, backed by high volume and strong RSI recovery. Technical View: Breakout above the trendline (₹400 zone) with surge in volume confirms reversal. RSI (14) at 58, showing a steady climb from lower zones — momentum turning positive. 9-EMA support now at ₹385, indicating strength in price structure. Support: ₹400 | Resistance: ₹450–₹475 | Bias: Bullish reversal confirmed. Fundamental View: Strong presence in cloud, data, and enterprise modernization verticals. Margin improvement and stable deal wins signaling business turnaround. Analysts expect FY26 EPS expansion as revenue recovery sustains. Outlook: Birlasoft shows early signs of a long-term reversal; potential to trend toward ₹470+ if momentum sustains above ₹400.

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