CENTURY TEXIn weekly time frame it is showing signs of revering from a Bearish Harmonic Cypher PRZ. In hourly time frame it has made a Bearish Harmonic Gartley and reversed. Failure to hold 490 on closing basis in daily time frame could be a trigger for the expected down move till 450. In hourly time frame trading above 513 would negate the move for now.
Cypher
INFY (DAILY) LONG1) Bullish Cypher Pattern ( Harmonic Pattern )
2) Stock bounced from Long Term Support.
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3) RSI - Oversold Level (Near 30)
4) RSI - Divergence on Daily Chart
5) GAP DOWN - If any candle closed in GAP area, Stock will confirm fill the GAP.
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6) 1st Target - 715-718
7) 2nd Target - 765-768
MINDTREEBullish Cypher pattern on 4 hr TF
PRZ at point D coincides also with 78.6% fibo level which is also near to a support trend line
UPL - Bearish Shark & Cypher, Bullish Gartley - 4H TFBearish Shark pattern on 4H Chart of UPL. SELL 699-700, SL 710.1, Target(s) - 690, 687.
Bearish Cypher pattern on 4H Chart of UPL. SELL 692-693, SL 700.1, Target(s) - 685, 682.
Bullish Gartley pattern on 4H Chart of UPL. BUY 587-588.5, SL 572.9, Target(s) - 603, 606. POSITIONAL