INFY IS FORMING A RAISING WEDGE. CREATE SHORTS AT UPPER CHANNEL AND CLOSELY WATCH FOR THE LOWER TREND LINE. FOR NOW ONE CAN SIT ON SHORTS AS THE MOMENTUM IS DYING
INFY IS FORMING A RAISING WEDGE. CREATE SHORTS AT UPPER CHANNEL AND CLOSELY WATCH FOR THE LOWER TREND LINE. FOR NOW ONE CAN SIT ON SHORTS AS THE MOMENTUM IS DYING
INFY has given brakeout on daily CHART ... immed. target looks to be 1250
2618 Trade setup stands for two key things, 1. Double top confirmation 2. 61.8 Retracement Both the above conditions are fulfilled and in my opinion it should go down to 1020 levels. Key breakout will be at Target 1
The company will report this week, and the chart is within the Hchannel and last week held the support and back in the channel. Realtime alert go www.2waytrading.com
Infy Weekly Sentiment turned negative post its earnings result. Possibly downtrend could continue in the future.
Infy Weekly Sentiment is turning down which indicates a possible down turn in the medium run,
Just watching to see if it breaks up could be a good buy if it shows strong support
INFY DEMAND ZONE 1943.50-1882.59, AT-LEAST PRICE TARGET 2183.54
Bearish, below the 100 SMA on the daily.
INFY expected to open at 34.40 for a Retest Gap. To learn to trade this strategy for free, go to www.RealLifeTrading.com
Trend Major is Uptrend lots of support for bullish position
Looking for the $72 as it has move above the BAMM level.