100EMA,200EMA,400EMA CROSSOVER
Hi,Trading View Family, I have found Infosys chart very intersting, On 30 min we have 100EMA,200EMA,400EMA close to each other this is a very good sign that price can show moment,According to Techanical analysis when ever Price comes close to EMA the tend to give movement, In this chart we can initate buy order when 100EMA CROSS 200EMA and then 400EMA simultaneously on 30 min Time frame , We can take a swing trade with Risk Reward of 1:2.
Date of Analysis:-6 November 2021
Date of Analysis:-6 November 2021
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