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saranathanr

INFY SHORT BASED ON Support and Resistance

INFOSYS LTD (NSE:INFY)  
saranathanr Updated   
NSE:INFY   INFOSYS LTD
Support and Resistance Candlestick Analysis short
4
0
supportandresistance candlestick short
Earlier ema 365 support is now acting as Resistance. Bearish Harami is formed in the Day Time Frame. Hence the trade setup is
Short Below 985.00
target 1 925.33
target 2 878.59
stoploss 995.44
Since we are riding against the trend (Ascending Channel). So strict stop loss required.
Trade active
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