AbhishekHSinghCMT

Infy- Double Power- Bottoms & Trendlines- Can it hold?

Long
NSE:INFY   INFOSYS LTD
26
Doing this on heavy demand from my followers. Thanks for all your support. Shall be busy next few days- Be careful & trade safely.

Analysis
Infosys getting support of the broken trendline or retesting the trendline combined with double bottoms in the zone 900-920 zone.

Trading Strategy
Keeping 900-920 zone intact or strict stops below 900 - we shall search for buying opportunity. At 1135 it measures 61.8% & at 1090 -it measures 50% of the fall from 1280 to 900. These are possible target zones.
Trade active: 17:27 Hrs 2nd Feb2017

Last price@935

It was a good start for the day -hope it continues upside.
Trade active: 16:34 Hrs 12th Dec2017

Back in Action! Good Evening, Guys Happy Sunday.

Infosys - We are in the trade right at the bottom 900-920 Zone- A dream trade & return could be explosive.
Trade active: 10:52 Hrs 16th Feb2017

Last Price@997

Guys let us book some profits here in the zone 997-1000 -we will wait at sidelines to see the pullback if we get a pullback in the zone 965-972 then we plan again to re-enter long call.

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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