Infosys - Fallen from heaven at 1000@26th May2017

If 920 holds as support & it starts moving above 928-930 Zone - then it can push to 965-970 as initial target & later 995-1000 as 2nd target.

Previous Update - We are in heavens at 999- 12:56 Hrs -26th May2017- Closing this call

Trade active:

10:02 Hrs 29th June2017

Last Price@939

Nice -it has started moving upside. Happy to see a green candle for opening hour of the market.

Trade active:

11:18 Hrs 29th June2017

Last Price@943

Day High@947

We will book partial profits in the zone 943-945. The gap zone can be next support if 947 is intact on upside.
Once Infy comes in the zone 928-932 where it retraces 61.8% of the opening move & we see Infy is taking support then we plan to buy again for targets higher then 947.

Trade active:

13:56 Hrs 29th June2017

Last Price@939

Fall Started below 947-948 Zone -Made recent low 937.

Next we will buy above 948 or if Infy comes in the zone 930-932 which comes in the gap zone.
An harmonic pattern is in place.

Trade active:

15:10 Hrs 29th June2017

Last Price@930

Awesome! Infy comes back to 929 as suggested above in the gap zone.

920 is important level -should not breach downside so one can initiate long positions with strict stops below 920 for targets above 948 -recent high.

Trade active:

15:18 Hrs 29th June2017

Last Price@928

The way it is falling looks a bad idea to take long positions today & markets are about to close so, we will wait for infy to start moving above 930 to give us some clue next for buying or buying above 948- day high as suggested earlier.

Trade active:

10:50 Hrs 30th June2017

Last Price@935

Started moving 930 as suggested above

Trade active:

13:12 Hrs 30th June2017

Last Price@934

Infy should turn upside above 925 for 947 -initial target & rest shall complete going in the zone 965-975 as a final target zone where we plan to close all trades.

Making Money needs patience.

Happy Weekend