On 20-07-2022, we can see breakout of recent resistance, Supporting to that now we can see good candle is forming , morning it retested its previous resistance , which now turned as support. For the confirmation it should close above 1526 level today(21-07-2022).
If you watch properly we can see head and shoulder pattern and its neck line also broken.
Which is supporting for upside movement.
But problem is only with its zone. Now it has a potential to reach 1554 range. If it broke that level properly then only we can see Upside. Gap may act as major resistance. Once it break that it will go till 1732 range.
This is just a view not recommendation to trade. Do your own analysis before taking trade.
INFY
If you watch properly we can see head and shoulder pattern and its neck line also broken.
Which is supporting for upside movement.
But problem is only with its zone. Now it has a potential to reach 1554 range. If it broke that level properly then only we can see Upside. Gap may act as major resistance. Once it break that it will go till 1732 range.
This is just a view not recommendation to trade. Do your own analysis before taking trade.
INFY