INFY Results and Ichimoku Analysis
Updated
On the INFY Chart, Price have broken out the cloud; while Tenken and Kijun do not provide any clue on the trend or momentum. Looking at the chart, reading it along with Chikou (still negative); we can be in for a set of mixed bag of results for INFY tomorrow morning. It's better to avoid any position for this quarterly result.
Trade closed: target reached
Nothing great on the results front today. As expected it turned out to be a netural reaction post announcement of results.
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.