BankBaroda - Next Customer- Crab. Earlier -Gartley & Cypher158-160 Zone is very important. Once double of 167-168 Zone is crossed safe traders can jump. Harmonic Traders can look for support in 158-160 Zone as suggested in previous post.
Gartley Result from 167 to 162- very close to 158-160 Zone
Cypher Result from 153 to 167
Buysetup
Infosys Buy at trendline BreakBuy Setup:
Infosys is in a very bullish area after a long time. It bounced off the good support near 1010 level. Buy if it breaks the above trendline.
Short Setup:
If infosys breaks the support, let it retest the resistance at 1010 before shorting it with a target near 960 level
INFOSYS Bullish Trend is underwayDouble Bottom has been formed on daily charts of Infosys hinting a bullish trend in coming days. Weekly trend is also UP.
But in short term, a bearish divergence is formed which can lead to a small correction/sideways movement in coming days and then it may continue it's long term bullish trend.
Buy is suggested post correction.
SINTEX breaking above bear channelBreaking 200DMA and bear channel and forming a long range candle. Looks very Good