INFY (DAILY) LONG
Updated
1) Bullish Cypher Pattern ( Harmonic Pattern )
2) Stock bounced from Long Term Support.
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3) RSI - Oversold Level (Near 30)
4) RSI - Divergence on Daily Chart
5) GAP DOWN - If any candle closed in GAP area, Stock will confirm fill the GAP.
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6) 1st Target - 715-718
7) 2nd Target - 765-768
2) Stock bounced from Long Term Support.
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3) RSI - Oversold Level (Near 30)
4) RSI - Divergence on Daily Chart
5) GAP DOWN - If any candle closed in GAP area, Stock will confirm fill the GAP.
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6) 1st Target - 715-718
7) 2nd Target - 765-768
Note
1st Target CompleteINFY CMP 722
Pl read 5 No point.
Trade closed manually
High above 750 as on 06-01-2020. (Near 2nd Target)Looking bearish.
CMP 716
Trade closed: target reached
Today's High 764.95
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