We are having a neutral stance for INFY for intraday on 16th feb (tomorrow)
We can see 1603 as good support, as long as stock holds that support, we can remain bullish .
Upside is capped at 1627 above which a breakout may happpen
One can also chose to short at 1627 if RSI and MACD and SQZMOM suggest to short tomorrow .
If any one else can identity any patterns , please let us know, stock seems in consolidation phase now
INFY
We can see 1603 as good support, as long as stock holds that support, we can remain bullish .
Upside is capped at 1627 above which a breakout may happpen
One can also chose to short at 1627 if RSI and MACD and SQZMOM suggest to short tomorrow .
If any one else can identity any patterns , please let us know, stock seems in consolidation phase now
INFY