INFOSYS LTDLong
infosys Long
As per daily chart set up,
1. Positive crossover seen in MACD below the centre line.
2. 3 months falling channel taken support at 1400 level.
3. Reversal is likely to come as two consecutive green candle seen in chart on daily time frame.
4. RSI is 40 which has changed its downtrend and started rising in upward trajectory.
5. 1448 resistance once crossed, 1500 levels will be seen in coming days.
So, 1440 and 1460 call option of May series will be a good bet for coming days.
1. Positive crossover seen in MACD below the centre line.
2. 3 months falling channel taken support at 1400 level.
3. Reversal is likely to come as two consecutive green candle seen in chart on daily time frame.
4. RSI is 40 which has changed its downtrend and started rising in upward trajectory.
5. 1448 resistance once crossed, 1500 levels will be seen in coming days.
So, 1440 and 1460 call option of May series will be a good bet for coming days.
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