INFY
infy Coming in Selling Zone1.After a sharp fall from 832 levels nifty has tested the 754 levels.
2.after a pullback at 61.8% levels again downside is possible
3.price has resistance of 200 EMA at 800 levels
4.Price has resistance of horizontal line at 800 levels.
5.Risk Reward is more than 1:2.5
Sell at 795-800 levels Stoploss 821
Target 750-730
INFY - Update for Long IdeaHaribol !,
Had Bought the stock yesterday( Infy Long) as per the linked idea below.
Now moving stop loss at break even( Buying price of 815.70)
Even if it comes down i don't loose anything, but if it goes up i make some money.
Always respect the unpredictability of the markets and take the profits when they come.
Always keep your trading professional
Good Luck
INFY SHORT ZONE ANALYSIS IN ADVANCE (INTRADAY SCALPING)Haribol!
INTRADAY SCALP FORMING
INFY HAS OPENED IN RED AND CONTINUED MOMENTUM SUGGESTING LARGE SELL ORDERS SITTING.
LOOKING OUT FOR SOME NICE REACTION TO GO SHORT from RED ZONE
If u guys like then please follow me here and my twitter handle Tradingvahni.
Good Luck