Amit_Ghosh

[Intraday] Infosys Short Idea

Short
NSE:INFY   INFOSYS LTD
As per charts
Comment: Updation of Short Point.
PS: If you are laughing at me, I caught the fall of Reliance waiting like a crocodile. I will catch this one too! Valuation always catches up. (Unless its Tesla lol.)
Comment: Update
Trade closed manually: I closed INFY short because it will resist the ORB. Now we will do if the ORB triggers.
ORB triggers on "Correct Short Point"
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Comments

helloo
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Nice catch
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shorting has started. lets hope it continues aided with todays long winding up.hope the momentum increases and does not die out
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Amit_Ghosh SAIKAT1102
@SAIKAT1102, I just closed. I will re-enter at ORB
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SAIKAT1102 Amit_Ghosh
@Amit_Ghosh, ok will close all i squared off all other lots at 903-904 levels no 2 lots remining price has gonenup
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SAIKAT1102 Amit_Ghosh
@Amit_Ghosh, Thank you dada so much for the call. you must have been sent by god for me today. Yesterday made loss of 7200. had to cover it up. then your call came. after the reversal candle formation on 30 min chart and confirmation, had short 5 lots at average price of 923.1 and squared it up at 904.25. thank you so much. May god bless you with lots of love peace knowledge happiness, good health and wealth.
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dada if the 11 o clock candle closes below 933.9 then wont it be a reversal sign with the past 4 candles formation? will it make sense to short from then or be safe and start at 897
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dada you are correct it is history of man to laugh at ideas and then once successful they will follow. so intraday waiting. normally such gap up opening is covered not on the same day
but after few days. this one with heavy OI built up, im worried. But I am also now waiting like a crocodile :)
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is it intraday? since heavy long built up with increase in price and OI.
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Amit_Ghosh SAIKAT1102
@SAIKAT1102, Yes.
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