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INFOSYS LTD CEDEAR (1 REP 1 ADR)INFOSYS LTD CEDEAR (1 REP 1 ADR)INFOSYS LTD CEDEAR (1 REP 1 ADR)

INFOSYS LTD CEDEAR (1 REP 1 ADR)

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INFY trade ideas

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
Infosys (Ready for a Breakaway ?)Infosys has been consolidating in a certain range now and has formed a Triangle formation, which is on the verge of a completion. A breakout on either side is highly possible as soon as tomorrow. The yellow lines can be treated as targets, even though there are certain other levels to watch out but the rally should be strong enough. They can be treated as Target 1. With the Other IT stocks, giving a breakaway move and a pretty strong one is it time for Infosys to do the same ?
NSE:INFY
by vinayak.mohta5