Infy on continous raise from past couple of trading sessions. Considering the uptrend in NIFTY-IT, if Infy sustains above 700-705 range, we can see clearly capture further uptrend . Add to watch list.
INFY SHORT OPPORTUNITY IN COMMING DAYS. Green dot line down trend marked Red one temporary up move inside the green dotted channel.
INFY looks strong and good to buy, closing above 20 SMA Levels to watch if -GAP UP OPENING ABOVE 695.11 then can see 25.5 points moment upward if -GAP DOWN OPEN BELOW 680.14 then can see 16.21 points moment downward
Stock in a slow up-move, would take time reaching its target. 680- 650 turns out to be a good support zone, from where stock manages to bounce most of the time.
INFY towards 616 Stop at 667 trade type : short -term
Stock looks good, as long as it is holding 666 levels, it is heading towards 750 levels. Trade Type : Positional TRGT :750 Stop 666, trail stop 674 Minor Resistance at 700 levels, above which it can zoom fast. Do not follow blindly, please do your own research.
Go long on Infy, Target 690/697 SL 668
Imp Support 665 -650, if holds can zoom to 680 and 700 levels
Infy bounced from the long term trend line . This Trend-line has 4 touch points, any tend-line having more than 3 touches are considered as important and the support it provides works as a major support. Since i work on harmonics i can see in Sep 2017, stock formed cypher pattern and the prices zooms from its prz zone and this time stock again formed cypher...
you can see macd is also ready to give buy signal and recent Fibonacci retracement show near trg, elliote wave shows 12345 pattern after abc pattern lets see chart
hi, check the Weekly chart for INFOSYS. it has nicely setup for a GARTLEY PATTERN. time to go short
Infy has shown good rally since march of this year, But now price is coming in strong weekly supply zone which was formed in June 2016. 1270-1280 is strong sellers zone. I am expecting to correct the price in this zone.