INFY SHORT OPPORTUNITY | Heading to 595 level Short

NSE:INFY1M

INFOSYS LTDNSE

Description

⋅ Dec 15, 2018 1:18 AM

INFY is facing resistance around NSE:INFY
SPOT: 707
SL: 730
Target: 595

Trade closed manually

⋅ Jan 22, 2019 12:50 AM

close the trade at cost, retraced to 650 level then retraced. overall outlook is still negative on infy.

Trend Analysis

Comments

SocietyPlayer

⋅ Dec 15, 2018 12:38 PM

I dont see much resistance.at 707...its small resistance..next resistance 724..once crosses and stays above it may go 740,

manishzain

⋅ Dec 17, 2018 4:10 AM

@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

prabakaran62

⋅ Dec 15, 2018 6:03 AM

Chart not uploaded pl. ?

manishzain

⋅ Dec 17, 2018 4:11 AM

@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.

prabakaran62

⋅ Dec 23, 2018 1:05 PM

@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 ?

manishzain

⋅ Dec 28, 2018 4:38 AM

@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.