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raj3elite
Dec 19, 2016 5:11 PM

Symmetric Triangle on INFY - NEUTRAL 

INFOSYS LTDNSE

Description

Symmetric Triangle on INFY and will break either side.

Trade:
Long:
Buy above - 1006
Target - 1016
Stop Loss - 996

Reward Points - 10
Risk Points - 10

Short:

Short below - 1002
Target - 992
Stop Loss - 1012

Reward Points - 10
Risk Points - 10

Trade active

Long Recommendation Active..

Trade active

Infy near to target..

Trade active

made high of 1015.90, just 0.10 missed out for target of 1016.

Trade closed: target reached

Comment

great move... may touch 1025 and its important resistance...
Comments
coolmuthz
Bro it 's still not a long candidate right unless gives a close above 1008?
raj3elite
@coolmuthz, triangle broken on top so considered as long... i have given to buy above 1006.
coolmuthz
@raj3elite, okies bro Asian paints long polama bro? It's almost Near support
raj3elite
@coolmuthz, let me check...
raj3elite
@coolmuthz, i think need to wait for the level of 856. For short or long term to buy at this level...
coolmuthz
@raj3elite, thanks bro... Entered sun pharma 640ce based on ur reco

Max pain point at 660 so upmove can be expected till that level
raj3elite
@coolmuthz, k bro... expecting Sunpharma will bounce from 624...
coolmuthz
@raj3elite, hoping for d best, bro are you from chennai?
raj3elite
@coolmuthz, nope, from Erode.
coolmuthz
@raj3elite, romba perumaiya irukku bro TN le irunthu namma aalu oruthar top boarder eh irukarthu.. Kudos to u..
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