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.
Hi Guys, INFY complete Wave 4 now ready for Wave 5 move Look for breakout to sell
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
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Thank you
From the Parallel channel the price from down line always comes in the range.
The price rotation occur in between the channel shown in the chat.
Price breaks away from value to the upside and downside.
INFOSYS may take the resistance as support and the value is low.
1 => IF result effect positive then infy go above 772 and sustain 5 min then go long for target of 800.
2 => IF result effect negative and open 730 around and break level 720 then short for target of 700.
3 => IF infy open 715 around and break 700 then short for target of 680
4 => IF infy open 740-760 then no trade zone wait for above condition
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
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...
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
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