NeeteshJain
Short

INFOSYS BREAKS DOWN

BSE:INFY   INFOSYS LTD
It is been observed on the hourly and daily chart that the price action breaks below the descending triangle indicating a further move down towards the next resistance levels.

Target 1: 955

Stoploss: 975
Comment: Long Wicks to upside indicating selling pressure on hourly chart.

snapshot
Trade active
Trade active
Trade closed: stop reached
Comment: It is been observed that it broke out downward trendline and now consolidating in a triangle. Tomorrow, breakout from triangle shall decide further movement in the market.

snapshot


Regards
Hello Sir, Is the Infy trade still active? The stock had a gap up opening but is trading below the stop loss.
Reply
English (IN)
English
English (UK)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out