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Rehan_sharif

INFY has closed below 200 EMA , go short if it

Short
INFOSYS LTD (NSE:INFY)  
Rehan_sharif Updated   
NSE:INFY   INFOSYS LTD
Trend Analysis Chart Patterns Wave Analysis INFY infyanalysis infosys infylong infystock infyshort infysell infylevels
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trendanalysis chartpattern waveanalysis infy infyanalysis infosys infylong infystock infyshort infysell infylevels
Infosys has closed below 200 EMA of 15 min time frame, the purple line is moderate demand zone , you can go short for a intraday trade if it breaks the zone. Check IT sector in the morning to add a little more confirmation to your trade. It will go down after breaking the zone , as it tries to fill the gap from 1720 to 1740. Place a proper stop-loss .
Comment:
Target of 23 Rupees has been achieved .
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