INFY - POSSIBLE MOVE ANALYSIS

27 feb 2023

INFY, CMP @ 1509 - LONG & SHORT TGTs and SL are in the Chart. FOR BOTH BREAKOUT or BREAK DOWN, STRONG CLOSING CANDLE IS MUST. Am neutral because, this is ascending triangle pattern with higher Lows but today the Price action has not respected 50/200EMA. This is for Educational purpose.

13 mar 2023

Nota

SHORT TGT1 1450 achieved.

16 mar 2023

Trade attivo

SHORT TGT2 1413 achieved.

12 mag 2023

Trade chiuso: obiettivo raggiunto

SHORT TGT3 1357(i.e ., the first support of the bottom slope trend line) achieved and due the the Results, the priced dropped much lower. Not taking any credit for that. Closing the idea.