Infy MACD line should cross signal line while RSI >40
When MACD line will cross signal line and RSI > 40 on daily chart. Buy signal
Note
Also please make sure MACD is > 0, if the market mood is not good. IT sector is in downtrend. Watch NASDAQ index before taking the decision.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.