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Market Trading Guide: BirlaSoft among 3 stock recommendations for Thursday – Stock Ideas



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Stop loss: Rs 569
Target: Rs 650
The stock has given a consolidation breakout on the daily chart, suggesting a rise in optimism. Moreover, it has stayed above the important short-term moving average, the 21EMA, for quite some time. The RSI is also turning upward with positive momentum.

Rupak De, Senior Technical Analyst at LKP Securities
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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