For those Who are Planning to Short INFY
Is it compulsory to that stock should fill the gap after a huge gap up?
Is it compulsory to take a short trade in any stock which is showing strong momentum on the upside?
As per my analysis it's very difficult to get the follow through in short trade if it will trading above 890. Sustain below 890 it my test it's next demand zones on the downside.
912-922 is very important level for this month if it will give monthly closing above 922 then it may give strong up move in the next month also and may test it's next supply zones on the upside.
Trade Well :)
Is it compulsory to take a short trade in any stock which is showing strong momentum on the upside?
As per my analysis it's very difficult to get the follow through in short trade if it will trading above 890. Sustain below 890 it my test it's next demand zones on the downside.
912-922 is very important level for this month if it will give monthly closing above 922 then it may give strong up move in the next month also and may test it's next supply zones on the upside.
Trade Well :)
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