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anandlive
Oct 31, 2023 2:41 AM

Info Edge - Keep Watching Long

INFO EDGENSE

Description

The setup is simple to understand by the chart itself. The stock has bounced back from the lower support of the parallel channel. if the momentum continues, may go to 4250/4450 or even a lot more. In a bullish rally, it may go to 5300.
Sustaining below 3960 will show the weakness on the charts. it should travel inside the channel if considering a long setup.
This is only an indicative illustration for learning and sharing purposes, not a piece of trading advice in any form.
Wish you luck.

Comment

The first target reached 4250.

Trade closed: target reached

4450 Reached.
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