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infosys

Discussion in 'Technical Analysis' started by vijayshankarreddy, Oct 14, 2012.

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  1. vijayshankarreddy

    vijayshankarreddy New Member

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    i see infosys support at 2300 should i hold infosys now
     

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    vijayshankarreddy, Oct 14, 2012
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  2. drsuraimardi

    drsuraimardi New Member

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    Support around 2300 is o.k. But when you see wkly chart of INFY---it's a downtredn.So maintain strict SL.Shabbir your views ...However the company is no doubt very good.
     

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    drsuraimardi, Oct 14, 2012
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  3. vijayshankarreddy

    vijayshankarreddy New Member

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    shabbir i want your views on infosys please....
     
    vijayshankarreddy, Oct 14, 2012
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Yearly it is in downtrend.
    monthly it is up trend.
    weekly it is down trend.

    According to me It is in uptrend but main thing which is most important it started signaling week from last week .
    So, For me no trade zone for new comers and who has bought just before should focus tight stop loss between 2310-2290 or try to minimize their losses if they see any spike.
     
    sanjay_sansanwal, Oct 14, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    This is no trade zone for fresh entry but for those who are stuck, can you share what is your entry point and can you take a loss by selling around 2280 odd levels if the stock hit that level?
     
    shabbir, Oct 15, 2012
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  6. vijayshankarreddy

    vijayshankarreddy New Member

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    i have entered at 2355
     
    vijayshankarreddy, Oct 16, 2012
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