Thursday, 14 July 2016

Infy: 1215-1235 May Be A Good Hurdle Ahead Of Q1 Result; Brexit & Overall Global Macro Economic Situation May Be Quite Challenging

Trading Idea: Infy

CMP: 1194

Sell on rise around 1215-1235 OR around 1285-1305;

TGT: 1165-1145*-1125-1095-1065*-1040 (1-3M)

TSL> 1250 OR > 1320


Note: Consecutive closing (3 days) above 1320 for any reason, Infy may further rally up to 1345-1360* and 1380-1410 & 1450-1535 in the near to long term (alternative bullish case scenario from the current trading level).

To be updated more-----

Analytical Charts:








Article Courtesy: Frontiza.com


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