INFY : Short
INFY is working along in an ascending rectangular channel currently.
For it to follow this along, it will find support at 724/716 levels. If it respects the support, it will retrace up back to 726 first, else break down lower.
For it to follow this along, it will find support at 724/716 levels. If it respects the support, it will retrace up back to 726 first, else break down lower.
Trade active
Lets see if it tries to test the RED support line below in coming days....Trade active
Took support at 721 levels and retraced to break out above 735 level. Next target/resistance at 760. If it does not break then falls back to 745.
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