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Trademint08
Apr 14, 2021 6:59 PM

INFY ON HOURLY CHART Long

INFOSYS LTDNSE

Description

INFY on hourly chart is sustain above 200 EMA indicating that stock is still in uptrend. Also observing closely we saw that 200 EMA and Fibonacci 61.8% acted as a very strong support for the stocks. Now talking about oscillator, MACD is giving a really good Divergence between price and momentum. Macd divergence with reversal from levels with good volume is indicating that we can look for long setup. Intraday targets are given on chart. Trade at your own risk. Play safe. Strongly maintain your stoploss .
Comments
Trademint08
Hold
imprashant_
tell us something about infosis.. I buy it on 1422
Trademint08
@imprashant_ it’s forming ascending triangle and has given good breakout
imprashant_
How long will the holding be correct?
speedchillz
Crap ! Will be a gap down tomorrow !
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