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INFY - Long Term/Medium/Short ViewFor me its a buy on dip stock for positional trading as long as its holding 650 levels on the downside. Stock has been facing resistance around 715-720 levels from past one month but is able to sustain 695 - 700 levels from past 10 sessions. Hence holding 690 levels can lead stock to 770+ levels on the upside. Trend of the stock is on upside on all time-frames , thus following are the levels that should be watched. Short term support 690 Medium term support 650 Long Term support 460- 500
NSE:INFYLong
by manuagarwal21
Crude OIL Position Trade Idea Dear Traders, This is a position trade idea looking at the fundamentals of Oil. Consumption of Oil will increase since US opens from 15th of May and other EU countries are also open alongside major Asian economies. Please take this trade on your own risk. This is a position trade idea hence you might have to hold this for a couple of weeks / months. Enter at current market price or wait for a pull back. The current rally of oil prices can have a correction at 50 fib level 26.54 or first support level at 26.87. My Stoploss level is 26.21. If the price breaks out 27.92 level The our Take profit levels would be as follows Tp 1 29.63 Tp 2 32.39 Tp 3 35.15 Dont over leverage your account. If you dont know about Position trading kindly consult a financial advisor. If you want to take my Services message me with you query.Moreover I would really appreciate your comments and feedback on this trade Idea, Best of luck for the trade.
TVC:USOILLong
by kashifali6
1