Infosys- In the channel above 938 for 955-960

A short term channel to trade for next trading session. Looking for 955-960 above 938. Gap zone 925-930 provided good support with volume to Infy which was visualised in time & we took advantage as well.


Previous Update - Infosys - Fallen from heaven at 1000@26th May2017

Trade active:

11:29 Hrs 3rd July2017

Last Price@947

Close to previous high 947-948

Trade active:

11:36 Hrs 3rd July2017

Last Price@942

Turns from Previous High Zone 947-948. Next set of buying above 948 or at some correction to 933-936 Zone holding 925 below as stops.

Trade active:

12:03 Hrs 3rd July2017

Last Price@948

Have you seen the movie "Dum laga ke haisha"- Infy is showing the "dum- power"

Trade active:

12:22 Hrs 3rd July2017

Last Price@948

Resistance Zone 947-948 acted as support zone 946-948 -This is called polarity reversal that means earlier resistance is playing a role of a hero- "dum lage ke haisha"

Trade closed: target reached:

15:27 Hrs 3rd July2017

Last Price@953.15

Just shy of 955 -Made high at 954.50