pathiyil.praveen

INFY Results and Ichimoku Analysis

pathiyil.praveen Updated   
BSE:INFY   INFOSYS LTD
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.

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