INFY: Next target 1368 and 1408

2021年2月16日

INFY has tested its trendline support level 4 times on daily candlesticks chart. At present if it honored its support as mentioned in the chart, It will reach to the level of 1368 as target one. Further it may go up to 1408. Please see it in the picture.

Volume is also low during the fall from recent high compering to the earlier volume of long side which indicates additional support for the long position

2021年3月2日

注释

It has tested the 1st support level and revert from 1245 low. Now if it closes above 1300 it will showcase a big upside.

2021年3月15日

注释

Target 1 achieved

2021年3月15日

注释

It formed double bottom pattern and which indicates that it may reach upto 1425 levels once it break 1387 levels

2021年3月21日

注释

Now first target rally is over and it touches the trend line again. After some consolidation, it will be above 1425 soon.

2021年4月5日

注释

Infy has reached to the mentioned target of 1425.