Infosys -Confluence of trendline+resistance turned support+50EMA
Updated
Infosys seems good to go long
Taking support from trendline since October 2020
Taking support from resistance turned support
50EMA is also acting as a good support
Stock seems to be in consolidation
Expect a good upmove once it crosses 1380
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Happy Trading!
Taking support from trendline since October 2020
Taking support from resistance turned support
50EMA is also acting as a good support
Stock seems to be in consolidation
Expect a good upmove once it crosses 1380
Please give a like if you find the idea useful and give your feedback if there is any. Thank You!
Happy Trading!
Trade closed: target reached
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