vanathi

Infy

vanathi Mod Updated   
NSE:INFY   INFOSYS LTD
Price is consolidating within small range. Formation of symmetrical triangle, bear flag is seen in the chart.
Plan A : Sustaining 1395 - 1405 can make the price to move towards 1420, 1440 and it have to sustain 1440 to move up further.
Plan B : Shorting at 1386, when there is bearish sign for the move towards 1374,1360.
Plan C : Understanding the trend strength and trade if the price is moving within the range 1387 - 1405.

Always have plans for different market movement, so that adapting it will become easy.
Comment:
Sep 20. Gap up opening and no bullish strength. Plan C

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