About Me

My photo
NISM Certified Research Analyst & Mutual Fund Distributor.

Wednesday 20 March 2013

INFY 20313

THE COUNTER IS HANGING AROUND ITS IMPORTANT SUPPORT AREA OF 2920 DURING RECENT PAST. WE FIND THREE TECHNICAL REASONS TO ENTER THE COUNTER:
 
1. IT FORMED DOJI ON A DAILY CHART
 
2. CLOSE ABOVE 2860 WHICH WE CONSIDER IS A BULLISH SIGN
 
3. NEGATIVE DIVERGENCE OF RSI.
 
 
BUY ONLY ABOVE 2885 KEEP SL OF 2865 TGT 2912-2930
 
 

 

No comments:

Post a Comment