According to my own research 1123.70 is the crucial resistance for INFY. If INFY break this resistance then we can expect strong upside movement otherwise there will shortselling opportunity. If anyone wants any help then please let me know. thank you.
18 sept Biocon stock formed evening star candlestick pattern. If anyone did short selling ,they got huge profit. So more focus on price action instead of indicators or advise from anyone.
"Importance of evening star pattern" If you find evening star candle stick pattern then please do some research and take trade it will give you good return. price action is very important as compared to indicators. If we follows the trendline and support and resistance pattern, it will helpful for us.
If you are concentrating in last bearish candle then you can easily identifies this the evening star candle pattern and also MACD is giving sell signal. Therefore in HDFCBANK Future having a short selling opportunity over there.
If you are believing in box pattern, Then please keep this stock in your watchlist.
Last trade day AHOK LEYLAND stock is going upward direction, but RSI and MACD indicator is going downward side. So there would be short selling opportunity over there.