INFY
Infosys wait for 590 levels to accumulate/investAs IT sector, already had it's much-awaited bull run this year. If already invested in NSE:INFY , then with the Q2 2018 results you can exit or short at around 720 levels for a target of 590 odd levels.
Must start accumulating it from around 590 levels and buy on every dip from there.
Note: Also it formed a Bearish Engulfing on a monthly time frame
Infy: Chart view & strategyInfy
Observation
675 minor resistance
691 - 696 - Critical resistance zone..
Consider selling if you see price rejection around resistance levels.
Targets mentioned in the chart. Momentum on the downside might be seen if Infy closes below the 1st target of 637
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Alternatively consider selling Infy 28-May expiry 700 Call option
Lot size 1200
Price around 20-25
In built loss protection for a rise in Infy price up to 720-725 in cash market on 28 May 2020.
Max profit potential Rs 24000 - Rs 30000/- per lot
Take care & safe trading...!!!
Follow
HCLTECH KEY LEVELS SUPPORT AND RESISTANCE 13/04/2020Key Levels for HCL TECH :
Upper Breakout~471.75
First Target~475.35
Interim Resistance~478.30
Final Resistance~481.20
**Lower Levels**
Lower Breakout~466.10
First Target~463.60
Interim Support~460.35
Final Support~457.15
Please trade with caution and consult your financial adviser before trading.
INFOSYS KEY LEVELS SUPPORT AND RESISTANCE 15/04/2020Key Levels for INFOSYS :
Upper Breakout~640.10
First Target~645.85
Interim Resistance~651.20
Final Resistance~656.05
**Lower Levels**
Lower Breakout~632.60
First Target~628.60
Interim Support~624.35
Final Support~617.70
Please trade with caution and consult your financial adviser before trading.
INFOSYS KEY LEVELS SUPPORT AND RESISTANCE 09/04/2020Key Levels for INFOSYS are :
Upper Breakout~635.80
First Target~641.55
Interim Resistance~647.85
Final Resistance~653.25
**Lower Levels**
Lower Breakout~627.05
First Target~621.95
Interim Support~617.40
Final Support~611.80
Please trade with caution and consult your financial adviser before trading.






















