Infy - Strong support at 900-930.

27 ene 2017

Infy has come back to its strong support zone of 900-930. Risk reward is favorable at this juncture. RSI is showing clear divergence on weekly charts. Other stocks in IT sector are already showing some strength. Since results are out of the way so no strong reason for institutions to sell it at this level. Go long with strict stop loss of just below 900.

27 ene 2017

Nota

2% up from the day's low. Making hammer on weekly charts at strong support. Next week should be good.

31 ene 2017

Operación cerrada manualmente

Not looking good. Infy squared off at breakeven as CNX IT has broken important 10000 level.

31 ene 2017

Nota

Got out just in time...sold off significantly in the last 5 mins.

2 feb 2017

Nota

Infy survived at 900. Got in again at 924.

3 feb 2017

Nota

Today, Infy might rally in the second half. Short covering can take it to day's high.

10 feb 2017

Nota

Infy has taken off and started flying.

10 feb 2017

Nota

Today, weekend short covering should happen after 2.30 pm. Explosive move might be around the corner.

13 feb 2017

Nota

Infy LTP 986.