My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 11, 2015
INFOSYS Chart analysis
Infosys is testing crucial price pivot zone (1890-1930). This area has acted as both resistance and support earlier.
Price in weekly chart is nearing the cloud which gave support for the earlier fall. But for a decent bounce to happen price need to stay above 200 SMA.
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