My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 13, 2014
The selling line of INFOSYS
For Infosys bulls price needs to move above the resistance line and 200 Day SMA for bigger up moves to happen. For now price is showing weakness near both these levels.
Last chart shows the weekly Ichimoku cloud trying to save Infy Bulls from bigger falls. If the cloud holds a bounce is possible.
UPDATE : KINDLY BOOK PARTIAL PROFIT IN PETRONET EQ BUY CALL 1ST TARGET ACHIEVED. TriFid Research ,07316632000 CASH, at 11:04:52
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