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saranathanr
Nov 19, 2017 3:47 PM

INFY SHORT BASED ON Support and Resistance 

INFOSYS LTDNSE

Description

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.

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