AbhishekHSinghCMT
Long

Infosys - Bang On for Printing@1026 in Zone1024-1027 -What Next?

NSE:INFY   INFOSYS LTD
134 6 7
Yesterday we played with one of the top most IT company on both the sides- first we got the fall below 1017-1018 till 1008- Booked profits in the zone 1010-1012 & the bounce which was expected till 1024-1027 done today.

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



Analysis

Trading Strategy

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

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Infy is slowly moving to 1042...
Reply
@nitinroman, It will give a dip for buying again.
Reply
It is holding below 1025 for whole day.
Reply
@nitinroman, Let us not hurry & wait for tomorrow's session to see a best entry or you can take the trade, but stops above 1030 -do not complain of losing 5 points.
Reply
1030 sl, cash or future sir.
Reply
AbhishekHSinghCMT vinodharshita33
@vinodharshita33, Buddy -TradingView does not have futures -it is cash chart & you need to adjust trading prices as per futures contract-keeping an eye for cash chart & key levels.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out