Stock Trading Chart: Rcom,United Sprits and Infosys

Infosys

Infosys share has been on a roll after its Q3 results, stock is one of the biggest gainer in Nifty in past 2 months,gaining 27% till date. Stock is approaching a crucial resistance zone of 2980-2994, where the share has shown pullback past 3 times. Negative divergence are clearly visible in daily charts so probability of showing a pullback from the resistance range of 2980-2994. Positional trades can book profit in this range.

Sell below 2956 Tgt..

 

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