Infylevels
INFY--WEDGE Pattern Breakout??Observations::
-------->> the stock is trending downwards in daily time frame.
--------->> created a demand zone @1230 range.
---------->> now the stock price is trading @ 1280 level, facing resistance several times,
if price gives break above this levels we will observe a strong momentum towards upside is possible.
if again falls from this place we will buy @ 1230 range.
Infosys Futures Key Trading level 27th June 2022Infosys Futures Key Trading level 27th June 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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INFY - RESISTING AND RESISTING AT 730715- 730 turn out to be a solid resistance for the stock , stock is resisting this zone from past many weeks.
I am not bearish on the stock , as long as it trading trading above 650 levels.
So watch this zone , or set an alert to keep this stock on radar.
Because breakout can trigger a good good rally in the stock.