AbhishekHSinghCMT
Long

Infosys- Bang On!-Falling Exactly from1030's - Early in Wave 4

NSE:INFY   INFOSYS LTD
320 2 7
Recap- As per expectation from last post -900 Sikka Chal Gaya! that Infosys             will give us buying opportunity in the zone 975-980 which it failed to drop below 992 -key level as decided earlier & rushed to 1030 High- Bang On! As shown in the post.

From 1030 highs it dropped sharply to 986 which could be a part of wave-4 or wave -4 finished likely putting 986 as key support

Trading Strategy
Looking higher against 986 key support or if it drops to 975-980 should be used for buying once it holds & starts moving above 980

You would love to read my previous post

Infosys- 900 Sikka Chal Gaya- Falling exactly from 1030 Highs-Amazing!


Double Power- Bottoms & Trendlines- What a catch buying Infosys             between 900-920
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Hi Abhishek,

Is this the correct interpretation of your idea?
Buy at current levels of 1006 with 986 as SL or if it falls to 975-980 levels, we should buy?

Please clear the doubt
Reply
@anantindia, You should wait to get a close by entry may be in the zone 992-997 if it holds & starts moving above 1000.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out