Infosys -Confluence of trendline+resistance turned support+50EMA
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Infosys seems good to go long
Taking support from trendline since October 2020
Taking support from resistance turned support
50EMA is also acting as a good support
Stock seems to be in consolidation
Expect a good upmove once it crosses 1380
Please give a like if you find the idea useful and give your feedback if there is any. Thank You!
Happy Trading!
Taking support from trendline since October 2020
Taking support from resistance turned support
50EMA is also acting as a good support
Stock seems to be in consolidation
Expect a good upmove once it crosses 1380
Please give a like if you find the idea useful and give your feedback if there is any. Thank You!
Happy Trading!
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