AbhishekHSinghCMT
Long

Infy- looking for 1058 or 1068 & corrections on result day

NSE:INFY   INFOSYS LTD
135 views
3
Trading@1050

INFY looks for the 5th wave up from lows@1010- likely to complete in 1058 & going beyond 1060 can kiss the zone 1067-1069 where the 5th wave travels 61.8% of the 1-3 wave distance.

Once done- we will look for correction on result day

Trade active: 14:51 Hrs 13th Oct2016

Trading@1055

Heading in 5th wave from the lows@1010. Results of Infy are awaited
Trade active: 15:24 Hrs 13th Oct2016

Trading@1048

Likely this 5th wave is sub dividing in its own sequence.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave

Comments

shouldnt this rally from 1009 be the B wave comprising of 3 waves only?
Reply
if it jumps beyond 1058 -it becomes 5 waves
Reply
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