INFY ready to breakdown Short

INFOSYS LTDNSE

Description

⋅ Jun 10, 2020 8:12 AM

All the blue horizontal lines are targets. close below the trend line is needed.

⋅ Jun 11, 2020 6:04 AM

1st target done. 700 from 715.

⋅ Jun 12, 2020 7:03 AM

Low made 677. missed the target by 2 points. will come to 660 soon.

Comments

srinikghosh

⋅ Jun 12, 2020 8:40 PM

Tell me the best range to buy.

UnknownUnicorn5079785

⋅ Jun 13, 2020 10:47 PM

@srinikghosh, I would say buy in 500-700 range and hold it. 2700-4800 are on cards in a few years.

pulkitahuja2724

⋅ Jun 10, 2020 7:28 PM

I believe expected to take support rather than break...

UnknownUnicorn5079785

⋅ Jun 11, 2020 5:04 AM

@pulkitahuja2724, sir it gapped down, most likely will go down. however, it may come to fill the gap.