Our last research was INFY achieved the target, click here .
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Closely analyzed about price overlap . Buying really good as per last overlapped and close with higher of closed from a prior high of the candle. Its indicate that you may see a spike...
Control Price always gravitate value such as 1,2,3,4,5 and 6. We have seen two tails on the right side of the chart at the Value Low area. Gravitation has two to attract the price are plotted in the move(i) and move(ii).
The best value to buy this stock at 710(outside of value low) and 716 for targets 735 and 741.
INFY
CMP 733
The stock has broken down from the channel trade after it announced it's quarterly result.
The stock is looking weak and may come down to 680-668 zone
Consider selling in the zone of 733-742 &
Keep SL if closing above 745
Take care & safe trading...!!!
I observed pole flag apttern in infosys at hrly chart. Inside that, there is a small diamond pattern as well.
This can give a good move. For this expirt target will be 760 and overall target is 770
Stop loss will be 740 on hrly close basis.
NSE:INFY
INFOSYS has made descending triangle,indicating further down side movement.
Entry : 706 - 707.5 Range,Enter only if sustains below range
Stoploss : 1%
Basic Target: 695
Idea by MALKIAT SINGH
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After a very good uptrend i think trend is changing now with this breakout on downside.
you can see this on chart clearly it broke out the trendline and also the head and shoulders pattern is also there.
my targets for this trades are
TARGET 1- 709
TARGET 2- 701
TARGET 3- 684
