In this chart you can see that how fond is Infosys of the given range 1020-1040.
I have marked with rectangles on what happened. You can observe that it is a decisive range and price has always ( except for 1 consolidation ) followed the breakout direction in the following days.
The intensity of this range can also be felt by the multiple gaps and consolidation happening in it.
I think this info will help you in your trades in this stock. Many different strategies can be created based on this.
Regards.
Cheers !!
I have marked with rectangles on what happened. You can observe that it is a decisive range and price has always ( except for 1 consolidation ) followed the breakout direction in the following days.
The intensity of this range can also be felt by the multiple gaps and consolidation happening in it.
I think this info will help you in your trades in this stock. Many different strategies can be created based on this.
Regards.
Cheers !!
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In range . The range is 1011-1040* . Acc to fundo gyaan, a weak dollar should cause it to go downwards ;)
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Attempted upper side break at 1139.5 and failed. Still in range.
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23 Mar : Still in range, attempting to go up
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Personally, Im going to avoid any position in this right now. You can take if you find something acc to your strategy.
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A big movement might be coming up . CMP - 1035.
See if you figure out something and make a good trade.
See if you figure out something and make a good trade.
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Still in the tight range. Don't know why.
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Alert : trying to get out of the range, volumes increasing along with red candles.
See it it breaks out on the down side, good chances of follow through.
See it it breaks out on the down side, good chances of follow through.
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1.3 % down . in line with expectations.
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980 . Happy that it;s going as expected.
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One of my most confident trades .
953 now :D
953 now :D
