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.
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.