Will Nifty breakdown after Infy results and IIP Data ?
Infosys Technology
The Big Boy is coming with results Tomorrow at 9 Am and Charts also are in fight between bulls and Bears @61.8 % retracement@2880.
From Last 4 Quarter Infy is cracking after its results are declared.
On daily Chart 2880 and 2970 is highly traded range and break of range on either side will give 100 points move.
Sell below 2888 Tgt 2836 and 2792
Buy above 2930 Tgt 2976 and 3017
Nifty
Nifty has been trading in the range of 5740-5601 from past 1 week.
We had false breakout on both Upside(5720 trendline Break and 5197 Lower faslse Breakout)
Today Nifty made a low of 5601 …
Read the full story »
The Big Boy is coming with results Tomorrow at 9 Am and Charts also are in fight between bulls and Bears @61.8 % retracement@2880.
From Last 4 Quarter Infy is cracking after its results are declared.
On daily Chart 2880 and 2970 is highly traded range and break of range on either side will give 100 points move.
Sell below 2888 Tgt 2836 and 2792
Buy above 2930 Tgt 2976 and 3017
Nifty
Nifty has been trading in the range of 5740-5601 from past 1 week.
We had false breakout on both Upside(5720 trendline Break and 5197 Lower faslse Breakout)
Today Nifty made a low of 5601 …
Read the full story »
posted by Bramesh at
1:01 AM
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