As per oi data there is short buildup (-1.53) price drop & 10.83% oi buildup bearish, there will be buying zone only after the breakout of 17613 level of resistance. and for selling there will be two enrtys first rejection from 7613 level after moving up. second is break down of symetrical triangle + price action target are 17471 & 17438. but 17500 is major...
the properly market have been in the range for few days , our swing trade can be active above the breakout of 760.
can go long above the 157.00 level. it is also on vaule zone of its .. if it sustained on the level of 157 can go long
We can go long after breakout of resistance. ALSO TAKEN SUPPORT ON DAILY TIMEFRAME , S HEAD AND SHOULDER CHART PATTERN ALSO FORMED.
Can short tcs for a swing trade if it breaks important level with power engulfing candle and give closing on daily time frame ..
I am siddharth dhurve , i am 19 years.. here is simple and best infosys .. there are three possibilites; 1: first it may take direct support and continue to move up. 2:second it may directly open gap up . may break previous high or consolidate.. 3: third it may break trendline and take support from 1501..