Astute_Trader

Infosys positional trade for Long above 724

Long
NSE:INFY   INFOSYS LTD
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2
Infosys is showing good price action for Long position. If price is able to break above 724 enter Long. But if price is not able to break above this level keep a watch on the same & enter short below 706.
Comment: Today Infosys has again tested & Rejected the Head & Shoulders Neckline & 50 EMA, buy only if price is able to break above 724 else don't.