INFY Moderately Bullish
Infy seems to be moderately bullish, as most of the indicators are signalling the upside move but Bollinger Band shows lack of momentum hence the move may not be much larger but still, I think if it upside move is seen the momentum may increase and then it will turn out to be a good move but for 6 DEC let us be moderately bullish only .
Note
As I have told my reason for moderate bullishness on INFY, it has unfolded to be correct as a Doji candle is formed signaling indecision I will update my idea on INFY for tomorrow 7 DEC so stay tunned. Happy Trading
Trade closed manually
Bulls are losing momentum hence close your positions at an efficient price
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.