Infy: Is this a possible Head & Shoulder in the making...???
INFY
CMP 955
Just an observational view so far....
Confirmation will come only below 900
There is a Minor support around 933-940 zone
&
Above 965 the stock can rise to 979-988 or even 1000 odd levels
However from current levels
Target zone comes around 800
Stop loss tad above 1000 /1020
Risk: Reward ratio:
50::150 i.e 1::3
This is a positional medium term view and not a day trade or monthly view & could be a tricky one...
So Review your trading plan & if it suits you Plan your trade accordingly...
Take care & safe trading...!!!
CMP 955
Just an observational view so far....
Confirmation will come only below 900
There is a Minor support around 933-940 zone
&
Above 965 the stock can rise to 979-988 or even 1000 odd levels
However from current levels
Target zone comes around 800
Stop loss tad above 1000 /1020
Risk: Reward ratio:
50::150 i.e 1::3
This is a positional medium term view and not a day trade or monthly view & could be a tricky one...
So Review your trading plan & if it suits you Plan your trade accordingly...
Take care & safe trading...!!!
Сделка активна:
From 955 to 937...
Moving on expected lines
Take care & safe trading...!!
Enjoy ur weekend...
Moving on expected lines
Take care & safe trading...!!
Enjoy ur weekend...
Сделка активна:
As per Fibo below 910 next support 824
Take care & safe trading...!!!
As per Fibo below 910 next support 824
Take care & safe trading...!!!
Сделка активна:
CMP 928
Revising stop loss from 1020 to 988 on closing basis
Revising stop loss from 1020 to 988 on closing basis
Сделка активна:
Infy
CMP 979
The stock has made a high of 989 so far and retraced
That is what charts were suggesting...
Above 965 the stock can rise to 979-988 level...
and we were prepared for it with our plan...
Take care...!!!
CMP 979
The stock has made a high of 989 so far and retraced
That is what charts were suggesting...
Above 965 the stock can rise to 979-988 level...
and we were prepared for it with our plan...
Take care...!!!
Связанные идеи
Infy view
indiamarketoutlook
about INFY
Do review your trading plan and plan your trade accordingly...!!!