INFY - POSSIBLE MOVE ANALYSIS

Feb 27, 2023

INFY, CMP @ 1509 - LONG & SHORT TGTs and SL are in the Chart. FOR BOTH BREAKOUT or BREAK DOWN, STRONG CLOSING CANDLE IS MUST. Am neutral because, this is ascending triangle pattern with higher Lows but today the Price action has not respected 50/200EMA. This is for Educational purpose.

Mar 13, 2023

Note

SHORT TGT1 1450 achieved.

Mar 16, 2023

Trade active

SHORT TGT2 1413 achieved.

May 12, 2023

Trade closed: target reached

SHORT TGT3 1357(i.e ., the first support of the bottom slope trend line) achieved and due the the Results, the priced dropped much lower. Not taking any credit for that. Closing the idea.