meetujugal

Infosys Analysis

Long
meetujugal Updated   
NSE:INFY   INFOSYS LTD
Accumulation phase has started. Institutional investors have started to buy the dip.
Professional selling range:1708-1920
Buying range: 1590-1640
Hold Period 3-6 months.
Target: 1866(Fibonacci Retracement)
Rational: Accumulation/Distribution Technique, Price below 50 Day Exponential Moving Average

INFY
Comment:
Wait for a few days, infosys will reached the 1360 mark to buy
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