Price is about to enter in buying range supported by EMA 20 on weekly and monthly time frame
near good demand zone and support level
Nothing is there to stop the price till 260, small hurdle at 245.
EMA 20 support on daily time frame+ Swing trade
Swing trade + EMA 20 support on Daily and weekly time frame. In case of any help in stock market feel free to message me personally.
Supported by EMA 20 on monthly time frame
Add more if you get it at 145-135 range. 1-2 years target is 250
Quality demand zone at monthly time frame supported by EMA 20
Reason- DEmand zone Ema 20 support
Look at yearly chart, stock has given tremendous result every years contentiously. No red candle since last 10 years. Currently i daily demand zone supported by EMA 20
Buying opportunity in Infy
Good demand zone at 118 level to enter
People have lost their jobs during this lock down, demand for websites like Naukri will increase drastically. One Must add this stock in their portfolio on dips as highlighted in the chart
Positional trade with SL of 325
Buy at the support line 270 Target should be 315
Reason- -Reacting from good demand zone -EMA 20 support