NSE:INFY   INFOSYS LTD
Infy: Very tight range of 1092 to 1134.
It will spend time in this range. For all short sides SL will b 1134 and then 1152.
For long side SL will be 1092 and then 1052.
In consolidation phase and will spend most of the time here.
Great trade will be selling 1100 PE and 1160 CE for monthly basis.

Big move on either side will be expected if 1152 on upper side and 1052 on lower side is broken.

Comments

What a trade it was for the Nov month. As mentioned above Infy never broken 1092 on lower side and 1152 on upper side. Since almost 2 months Infy is trading in the same range so breaking 1060 on lower side and 1160 -70 on upper side next big move will come.
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