AbhishekHSinghCMT
Long

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

NSE:INFY   INFOSYS LTD
895 18 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
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Can i still buy at this level?
Reply
@nitinroman, if you are ready to take the risk of 34 points so not advisable & wait for a break above 950.
Reply
Thank you very much...was having some doubts, but this explains much better. Thanks sir.
Reply
I just come to trading view for viewing ur posts.. The way u write is awsum..nd always a great analysis..
Reply
@RV4241, Thanks & Welcome
Reply
Excellent call sir & at the right time,Pl. post some interesting atuff like this
Reply
@AvinashDesai, Hope it travels all the way
Reply
What a call? Excellent.
Reply
@nitinroman, IT's are looking good at the moment
Reply
Very convincing....as I m also holding it..
Reply
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