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Infosys

Discussion in 'Technical Analysis' started by masihpatel, Jun 17, 2012.

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  1. masihpatel

    masihpatel Active Member

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    Dear Shabbir,
    Is it a buy time for infosys? what I analyse that EMA8 has given breakout and it is moving above the EMA34. Also EMA20 is in upper side of Bollinger Band.
    Your analysis requested. Thanks:)
     
    masihpatel, Jun 17, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    No not yet a buy signal because 2550 is a very big resistance and I would like to see a break out above that level and consistent trading above that level for any mathemticals like EMA's and BB to apply.
     
    shabbir, Jun 17, 2012
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