manishzain
Short

INFY SHORT OPPORTUNITY | Heading to 595 level

NSE:INFY   INFOSYS LTD
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4
125 6

  • INFY is facing resistance around NSE:INFY
    SPOT: 707
    SL: 730
    Target: 595
Jan 21
Trade closed manually: close the trade at cost, retraced to 650 level then retraced. overall outlook is still negative on infy.

Comments

I dont see much resistance.at 707...its small resistance..next resistance 724..once crosses and stays above it may go 740,
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manishzain SocietyPlayer
@Chinnu, i feel correction is on card for infy. i am expecting to see it go down till 685 in intraday or in next one day; sorry travingview wouldnt let me upload a chart for this though
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Chart not uploaded pl. ?
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manishzain prabakaran62
@prabakaran62, sorry travingview wouldnt let me upload a chart for this though. tried inserting the chart but i didnt let me during the post publication. i will try and upload an image soon.
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prabakaran62 manishzain
@manishzain,
It is moving as you forcasted. Try to load the chart now if possible.
Unable to understand why you are not allowed to load a chart ?
Reply
manishzain prabakaran62
@prabakaran62, could be do the fact that i am a not pro member. could only upload one chart at a time, my other chart for auropharma got upload successfully though. i see an option where i would load my infy analysis on why i felt it topped out in immediate short term.
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