INFY if break down 1670 it will come down upto 1550 i expect 10% fall from current price of 1720
🛑 Infosys stock to watch out for the week 🛑 currently trying to taking support at 1645 level 🛑 if it breakdown the level then we can see some more movement towards downside 🛑 1550 will be next stop for infy if it breakdown the above support level
Forming channel, Nifty can remain sideways for somedays so we can short it
Infosys share prices - possible drop to 1325
NSE:INFY Infosys has in a very time frame made three attempts to break the resistance line. With all IT stocks up and higher volumes likely to break out in short term. Buy above 1150 for a 100 points move.
The reasons why I choose this trade. 1. Cup & handle formation 2. 50 EMA, 14 EMA & Pivot breakout together 3. Shorterm trend break 4. On daily chart it is ascending triangle. All above is happening at multiple day support which is at 697. So 697 is very crucial at this time. Once it break, higher upside is possible.