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AVBAGADE
Oct 31, 2019 8:29 AM

INFY (DAILY) LONG Long

INFOSYS LTDNSE

Description

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

Comment

1st Target Complete
INFY 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
Comments
divyeshmacharya
achieved your 1st tgt...
AVBAGADE
@divyeshmacharya, Please check today's high of INFY. Also check my OLD analysis and results to understand the MAGIC OF HARMONIC PATTERNS.
divyeshmacharya
@AVBAGADE, right bro.....
shivdesujit27
Gap Fill Technique works... Good Analysis
AVBAGADE
@shivdesujit27, Please check today's high.
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