with some tussles here n there!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
INFIBEAM is in EWT pattern. Impulse wave1 completed and it is in correction wave which have internal pattern of 1-5 wave, 5th wave towards down has started as top is created on Friday. Hold for long term it will give good profit.
Infybeam had seen great fall in last 1 month and than retrace now again giving opportinuty for short Nr4 break and good reasistance at this price I will focus this week short side on Ifybeam below 46 with sl 54 for target 30++ may be i will go with CE short.