Infy: Patience has its own reward...!!!
Were you able to capture the down fall....???
If you have seen any of my previous post on Infy one can understand that I have been big time bearish on the stock... Nothing personal though but was just listening to levels on the charts... And it has worked to perfection.... All the levels that the chart indicated was respected by the stock....
- Minor support at 933 ( made a low at 924 on closing basis and jumped)
- Above 965 move up to 1000 ( did the same)
- Major resistance at 1020 ( closed right at resistance and then the Big fall thereafter...)
Link to Previous post
View on Infy on 14th June 2017
https://in.tradingview.com/chart/INFY/dS0QkdCE-Infy-Is-this-a-possible-Head-Shoulder-in-the-making/
Partial profit booking has been done today.
Going forward any jump towards 933-960 if gets rejected will suggest continuation of down trend...
Take care & safe trading...!!!
If you have seen any of my previous post on Infy one can understand that I have been big time bearish on the stock... Nothing personal though but was just listening to levels on the charts... And it has worked to perfection.... All the levels that the chart indicated was respected by the stock....
- Minor support at 933 ( made a low at 924 on closing basis and jumped)
- Above 965 move up to 1000 ( did the same)
- Major resistance at 1020 ( closed right at resistance and then the Big fall thereafter...)
Link to Previous post
View on Infy on 14th June 2017
https://in.tradingview.com/chart/INFY/dS0QkdCE-Infy-Is-this-a-possible-Head-Shoulder-in-the-making/
Partial profit booking has been done today.
Going forward any jump towards 933-960 if gets rejected will suggest continuation of down trend...
Take care & safe trading...!!!
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