It opened up at 1013-1014 &rushed upside for the target 1024-1027 as expected. Till this time, high@1026 has been printed on the screen.
Previous Analysis for stock commentary
Scenario-1 - Risky - Taking Stops above 1030 one can take short in the zone 1025-1028 But keep in mind that infy should start trading below 1025 & keeps sustaining below the same for target zone 1003-1007.
Scenario-2 - Safe Traders can take short once Infy holds below 1025 for 30 mins- putting stops above 1030 -Target should be same 1003-1007.
You would love to read my previous updates
Catching The Bottom in Infy from 900-920 zone
All other related analysis are listed below which are connecting parts for Infy trading done from Feb2017.
Latest New Analysis- BPCL- Trend is your friend
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw