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Trading_hawk
Nov 10, 2021 6:12 PM

Simple Trade Setup | INFOSYS | 11-11-2021 [ INTRADAY] 

INFOSYS LTDNSE

Description

NSE:INFY

So far, all the levels are working perfectly as per given in previous trade setup.
Most of all the Levels and trade setup remains same as per previous.

Trade Setup for Date 11-11-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

4) Avoid gap up or gap down chase. Wait and trade between levels.

Please refer below chart for levels.


Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Comments
Logasenthil-R
Outstanding
Trading_hawk
@Logasenthil-R, Thank you.
saurabhbakliwal1001
Can the position be carried forward from here
Trading_hawk
@saurabhbakliwal1001,
for me it is always to close position on the same day. But it is up to you. since there will be weekends so in general it is better to close the position.
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