sunnyfutures

INFOSYS New High Coming Soon!!

Long
NSE:INFY   INFOSYS LTD
On Daily Chart , Infosys is going to touch again 1500 level in the coming weeks. The last time when it breaks resistance at 1315 makes a high 1476 which is more than 150 points. If my study right then in the coming week is going to touch a new high. Moreover, It is near to support level so buy near to 1360 to 1375.
For Long-term Target of 1550 with no stop loss for the period of 6 months.
Comment: good momentum is gearing and Infosys going to test the next resistance in the coming week. now the support level is 1416 for the share.
Comment: Infosys break resistance level with good volume. It may target 1550 in this week
Trade closed: target reached: today our target of 1550 achieved. Revised your stop loss and carry forward target as buyback going to start from tommorrow.
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