Start of a new uptrend with reversal retestconfirmation Fundamentally strong and technically sound 5g Spectrum introduction and tax reduction ++
Wolfe wave pattern + Fundamental Strength Stop loss at 12300 Target at 15880+
Key zones to watch out Keep holding and accumulating
Accumulate this power-packed industry leader Expected to provide a above average quarterly earnings
Top technical levels to turn the tide for Infosys Keep accumulating Just a matter of time before we see rebound to original channel
Real estate expected to become expensive and HDFC with its merger is bound to facilitate the same Growing NPA's is a concern Trade with Caution Industry Heavyweight
Strong Fundamentals Metal Supply to play key role in the economy
Big moves expected this month
Be prepared for a sizeable drop to monthly/weekly CPR
SL1 @ 85 SL2@ 52.5 Targets @ 165,185, 200
The overbought RSI and distance from the 20 EMA to the support shows us a bearish morning ahead in-case of a flat openning
Stock seems to be overbought and correction to the downside is inevitable before it reaches new highs
Red Box - Demand Zone Green Box - Support Zone
Possible break on the symmetric triangle to 35700 region.
Move to the Upside might begin after Tuesday with the price-action observed today
Watch for key fundamentals on the banking sector