indiamarketoutlook
Short

Infy channel breakdown trade potential

NSE:INFY   INFOSYS LTD
INFY
CMP 733

The stock has broken down from the channel trade after it announced it's quarterly result.

The stock is looking weak and may come down to 680-668 zone

Consider selling in the zone of 733-742 &
Keep SL if closing above 745

Take care & safe trading...!!!

Comments

As per the chart, it is going to retest the 756 level. So from 756 to 763 is a good selling range with a sl of 768 for the target of 740
Reply
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