MTECHTIPS:- INFY
MTECHTIPS:- INFY:- INFY closed above 1 week high with volume signals up breakoutCurrently INFY is in HOLD LONG position In short term share is in strong up trend so hold with stop at 1072 The INFY is now trading in highly overbought level. The oscillator is showing SELL signal.The short term buy signal is supported by 63 % indicators.
Intraday trend-is in intraday buy level better buy above 1140.3 or in low buy above 1105.4 Target is 1155.6 next 1180.9 Below 1090.2 trend reversal can occur so keep long stop at 1090.2 The intraday signal is BUY and it is supported by 85 % indicators.
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