INFOSYS IS EXHIBITING BULLISHNESS IN HOUR, DAY AND WEEK FORMATS.
WITH THE PRICE CLOSING ABOVE 760, PLACE THE NEXT TARGET AT 780 / 804 LEVELS.
PLACE STOP LOSS @ 733 LEVEL.
MAY BE WEAK RUPEE / SOME BUSINESS NEWS MAY PROVIDE THE TRIGGER.
Bearish Shark pattern on Daily Chart of INFY. SELL 765-767, SL 774.4, Target(s) - 758, 755.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Bullish Shark pattern on Hourly Chart of INFY. BUY 718-719, SL 715.7, Target(s) - 722.5, 725.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
As it stands it is showing that its moving up , there is not doubt if moves up for another 2 to 3 % ( Extensions ) its possible
but i am not looking more prospective in up side move , the down side is still possible
One can look for short selling on the brake of Structure
There is one more point i would like to bring to your notice ( all who follow me )...
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).
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INFY
