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Rohit_potdar
Aug 18, 2017 9:47 AM

Strong support for INFY @ 895-890 

INFOSYS LTDNSE

Description

Today's fall from 1017 to 884 is a big fall in intraday. Coming sessions will be important for INFY. Technically support is about 890-895. If these level also breaks its support then we see level upto 830. But we can see stock has recovered from its low 884 and hope it will close above 900 which will be important. So Short if INFY goes bellow 890 only. Otherwise stay in long position.

Comment

INFY touched it support. Close below 880 then see levels uptown 830

Comment

Likely to short around 885-890

Comment

Book intraday profit around 870/- But near term level is 830.

Comment

860 today's low. More downside will see
Comments
sharad_mishra
how did u derive this strong support..
Rohit_potdar
@sharad_mishra, I have already explained above.,...
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